Kerjaya Prospek’s DC push bolsters earnings outlook


PETALING JAYA: Kerjaya Prospek Group Bhd is poised for stronger earnings visibility after securing its maiden direct data centre (DC) mechanical, electrical and plumbing (MEP) contract, with analysts maintaining a positive outlook on the construction group and raising their target prices.

BIMB Securities Research maintained its “buy” call on Kerjaya Prospek and raised its target price to RM3.40 from RM3.24, citing the group’s record RM5.9bil order book, improving external-client mix and expanding exposure to higher-value DC and industrial projects.

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