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PETALING JAYA: GDB Holdings Bhd, which posted a 54% year-on-year jump in net profit for the first quarter (Q1), may see earnings visibility over the next few years due to its strong order book.
PETALING JAYA: GDB Holdings Bhd posted a 54% year-on-year jump in net profit to RM8.8mil for the first quarter ended March 31,2021 (Q1) while revenue was 11.23% higher at RM111.1mil, mainly due to higher execution of works for certain projects and contributions from the newly-secured 8 Conlay project.
Construction services firm, GDB Holdings Bhd (GDB) has registered a 53.7 per cent rise in net profit to RM8.8 million in the first quarter ended March 31,2021 (Q1) compared to RM5.7 million in the same period last year.
Firms adapting well in a fluid business environment
KUALA LUMPUR: GDB Holdings Bhd’s proposed bonus issue bodes well for the counter as the exercise could help improve the stock’s trading liquidity and marketability.
PETALING JAYA: GDB Holdings Bhd is looking at securing RM500mil worth of new jobs this year to propel the group further.
KUALA LUMPUR: GDB Holdings Bhd has proposed to undertake a bonus issue of new ordinary shares on the basis of one bonus share for every two existing GDB shares.
KUALA LUMPUR: Econframe, GDB, JF Tech, Pharmaniaga and Paragon Union are among the stocks to watch on Tuesday, JF Apex Research said.
PETALING JAYA: GDB Holdings Bhd’s unit Grand Dynamic Builders Sdn Bhd has secured a RM1.25bil contract to complete the remaining building works for the iconic 8 Conlay mixed-development in Jalan Conlay, Kuala Lumpur
KUALA LUMPUR: Construction services company GDB Holdings Bhd has inked with a letter of intent (LOI) with KSK Land Sdn Bhd’s unit to be main contractor for the 8 Conlay property project for RM1.25bil.