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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

HLB appoints Jeffrey Yap as head of regional wealth management
TAS Offshore to sustain growth momentum from strong orderbook
Hextar Industries to soft open 5 Luckin Coffee outlets this month
Sedania appoints former MD of Adidas, Darren Choy, as CEO of FMCG Group
E&O to develop RM700mil GDV waterfront residence on Andaman Island
Bursa Malaysia slides for fourth session; construction stocks among top losers
Indonesian rupiah, Korean won hit by surprise central bank rate calls
Gold holds near 1-month peak on further US rate-cut hopes
Oil rises as US inventory decline heightens supply concerns
Stocks up with US rate cuts back in view; yen at one-month high

Others Also Read