Inta Bina latest job win expected to buoy revenue


PETALING JAYA: Inta Bina Group Bhd’s RM349mil building works project, which is the first construction job secured by the company this year, is expected to lift its total outstanding order book to about RM1.3bil, equivalent to 2.1 times financial year 2023’s (FY23) revenue, TA Research says.

Apart from this, the research house noted that assuming a pre-tax profit margin of 5.4%, the project is expected to contribute RM14.1mil in net profit throughout the construction period.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read