Better earnings among Kitacon rerating catalysts

CGSI Research said new contracts secured by Kitacon could serve as a share- price catalyst.

PETALING JAYA: The key rerating catalysts for Kumpulan Kitacon Bhd are improving earnings and margin trajectory, and large contractors outsourcing internal property projects.

CGS International (CGSI) Research noted Kitacon trades at 6.6 times 2025 price earnings ratio (2.6 times ex-cash) versus the sector average of 19 times.