KUALA LUMPUR: Kerjaya Prospek Group Bhd
shared in its outlook that it will continue to focus on expanding its construction business as its main revenue driver, while maintaining its manufacturing segment to complement the core business.
For the remainder of 2024, the group said it will continue to monitor and implement appropriate business strategies in a timely manner to address the challenges, such as the volatility of the ringgit, shortage of skill manpower and rising material costs, etc, which may have on the operations and financial performance of the group.
As at end-September 2024, the group continued to be supported by an outstanding order book of RM4.4bil for construction contracts.
In the third quarter ended Sept 30, 2024, Kerjaya Prospek posted a net profit of RM46.09mil, up from RM35.57mil in the year-ago quarter, which translates into an earnings per share of 3.65 sen as compared to 2.82 sen previously.
Revenue, meanwhile, rose to RM504.84mil from RM362.23mil in the comparative quarter.
For the nine months period, the group's net profit rose to RM116.73mil from RM96.55mil in the previous corresponding period while revenue increased to RM1.24bil from RM968.75mil.
The board of directors declared a third interim dividend of three sen per share, with ex-date on Dec 13, 2024, and payable on Dec 20, 2024.
