Upbeat outlook for SunCon on robust DC flow

Kenanga Research said SunCon has tendered for several DC projects.

PETALING JAYA: More imminent contract upsizing is in store for Sunway Construction Group Bhd (SunCon), which delivered a strong set of results for the first quarter of financial year 2025 (1Q25) that topped expectations on a higher revenue mix from accelerated data centre (DC) project progress.

Kenanga Research in a note to clients said it remained bullish on robust DC job prospects to propel the group’s earnings further.