Strong earnings visibility forecast for SunCon

SunCon’s outstanding order book stands at RM5.3bil a of end-2022.

PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) earnings visibility could extend to financial year ending Dec 31, 2026 (FY26) if the engineering, procurement and construction (EPC) agreement in relation to the Song Hau 2 Thermal Power Plant project in Vietnam materialises.

SunCon’s stake in the consortium, which inked the EPC agreement early this month, is 55%.