Gamuda 3Q revenue up 20.5% to RM2.5bil

Gamuda attributed the rise in profits and turnover to contribution from its overseas projects.

PETALING JAYA: Construction giant Gamuda Bhd continues to see overseas activities as its main performance driver for financial year 2024 (FY24), as projects in Australia, Taiwan and Singapore continue to pick up pace, bolstered by property sales from its quick-turnaround projects.

In addition, it said its large construction order book of RM24bil and an unbilled property sales of RM6.7bil will provide major support, on top of a healthy balance sheet with a comfortable net gearing of 35%.