Aussie RE sector to power Gamuda earnings


RHB Research is maintaining its earnings forecasts for Gamuda.

PETALING JAYA: Gamuda Bhd’s expanding footprint in Australia’s renewable energy (RE) sector continues to underpin its growth trajectory, with a strong pipeline of high-value projects likely to boost its long-term earnings visibility and order book.

The group’s early-stage involvement in major infrastructure developments, particularly in the RE space, is increasingly positioning it as a key player in Australia’s clean energy transition, according to RHB Research.

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