Southern Cable set to secure more contracts


Southern Cable managing director Tung Eng Hai

PETALING JAYA: Southern Cable Group Bhd (SCG) is expected to secure more contracts in the future following its new contract win worth RM172.6mil.

According to Apex Securities, the new contract could translate into an annual gross profit of RM8mil, equivalent to 5% of the research house’s forecasted group gross profit level.

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Southern Cable , Apex

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