Quick turnaround project venture to boost Gamuda earnings growth

CGS-CIMB Research said the acquisition of DTI has opened the doors to West Australia and Queensland, a market which Gamuda Engineering Australia has yet to enter.

PETALING JAYA: The fulfilment of Australian jobs and the venture into quick turnaround projects or QTP are key to Gamuda Bhd’s earnings growth in the quarters ahead.

CGS-CIMB Research said the engineering and construction company’s order book stood at a record RM20.5bil as at Jan 31, 2023.