Gamuda bullish about prospects

PETALING JAYA: After a record-breaking performance for the financial year 2022 (FY22), Gamuda Bhd is optimistic about the current FY23 as it expects business to be driven by property sales, pick up in work progress in Australia, and works to complete the Mass Rapid Transit Putrajaya Line.

In a filing with Bursa Malaysia, the engineering, property and infrastructure group said moving forward, its resilience is underpinned by its large construction order book of nearly RM14bil and unbilled property sales of RM6.2bil.