Gamuda confident as earnings improve

PETALING JAYA: Construction titan Gamuda Bhd is confident of its prospects for the next financial year ending July 31, 2024 (FY24) as it believes its performance will be driven by a number of overseas construction activities.

The group’s projects in Australia and Taiwan continue to pick up pace, underpinned by full year contribution of the newly acquired Australian transport projects business of Downer Transports Projects and property sales including higher contribution from its newly launched quick-turnaround projects (QTP) of the property division.