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Business 29 May 2019 | 12:00 AM

Fitters earnings soar on turnaround in pipe ops

PETALING JAYA: Fitters Diversified Bhd registered a 78% year-on-year increase in net profit to RM2.46mil for the first quarter ended March 31, 2019, on the back of a turnaround in its pipe manufacturing and distribution business.

Business 04 Apr 2019 | 11:48 PM

CIMB Research sees RM77b capex for water infra

KUALA LUMPUR: CIMB Equities Research estimates RM77bil would be invested in water infrastructure over the longer term of which 70% would be for upstream and the remaining 30% to replace the old asbestos cement pipes.

Corporate News 13 Mar 2019 | 12:22 AM

Potential water tariff hike to generate more capex

PETALING JAYA: The potential water tariff hike is expected to generate more capital expenditure (capex) for pipe replacement and non-revenue water (NRW) programmes, This would also present order book opportunities for several contractors and materials suppliers involved in new water treatment plants (WTPs) and water infrastructure.

Corporate News 02 Mar 2019 | 12:00 AM

Molecor looks to more pipe jobs

Over at Molecor’s (SEA) plant in the Gebeng Industrial Area, it would seem that there is no one at the working floor.

Corporate News 23 Feb 2019 | 12:00 AM

Fitters picks up steam

Increasing chatter about reducing the country’s rate of non-revenue water (NRW) is likely the cause of Fitters Diversified Bhd’s shares awakening from a deep slumber

Investment 01 Nov 2018 | 12:00 AM

Fitters wins contract from PAAB to supply water pipes for two years

PETALING JAYA: Fitters Diversified Bhd has won a contract from Pengurusan Aset Air Bhd (PAAB) to supply Hypro-Oriented PVC (PVC-O) water pipes for two years.