PETALING JAYA: KKB Engineering Bhd
is expected to post over 25% year-on-year decline to its core profit for the final quarter of its financial year 2022 (4Q22), partly due to the absence of contracts to supply mild steel pipes in Sarawak, says RHB Research.
On a quarter-on-quarter basis, the research house however expects KKB’s core profit for 4Q22 to expand more than 50% to between RM3mil and RM4.5mil.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
