AZRB counts on highway completion, restructuring

PETALING JAYA: Construction and engineering firm Ahmad Zaki Resources Bhd (AZRB) is cautiously optimistic over its outlook, foreseeing that its extended period of losses may be nearing an end.

In its annual report for the year ended June 30, 2023 (FY23), chair Tan Sri Dr Madinah Mohamad said the company is anticipating that the imminent completion of a major tolled section of the East Klang Valley Expressway (EKVE) and the restructuring of it loss-making plantation operations would mitigate its financial troubles.