UUE Holdings poised for earnings uptrend on strong order book


PETALING JAYA: UUE Holdings Bhd is expected to register growth in its core earnings in the coming financial years, driven by its RM233.4mil worth of order book and helped by its project replenishment target of RM100mil per year and contribution from its subsea project, says TA Research.

The research house estimated UUE Holdings’ earnings to grow by 34.1%, 15.2% and 15.5% to RM19.2mil, RM22.1mil and RM25.6mil for financial year 2024 (FY24), FY25 and FY26, respectively.

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UUE Holdings , order book , utilities

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