SunCon in good stead for higher earnings in 2023 as replenishment exceeds forecasts


KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) is poised for higher earnings following its latest contract win, which gives its order book a boost.

The construction group announced yesterday that its 60:40 joint venture with Power Engineering Consulting Stock Company 2 has signed an interim agreement with Toyo Ventures Holdings Bhd to provide engineering, procurement and construction (EPC) works worth US$2.2bil (RM10bil) for a 2,120ME coal-fired power plant in Vietnam.

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