PETALING JAYA: Wasco Bhd
anticipates stronger contract wins in the coming quarters as it expects deferred project awards to materialise by the fourth quarter of 2024 (4Q24) or early 2025.
The company, which has an outstanding order book of RM3bil as of Sept 30, 2024, also saw its tender book grow significantly to RM9.6bil from RM7bil in the previous quarter.For 3Q24, Wasco delivered earnings that exceeded analysts’ expectations, driven by stronger margins across its key segments.
