PETALING JAYA: HE Group Bhd
’s prospects appear more promising heading into the second half of this year (2H25), on the back of strong pipelines of data centre projects and improved visibility on award timelines, analysts say.
Phillip Research has set its order book replenishment assumptions for the electrical engineering services provider at RM120mil, RM230mil and RM250mil for this year (FY25), FY26, and FY27, respectively, supported by a sizeable tender book of RM675mil.
