thestar.com.my

Gamuda’s Order Book Hits RM56bil After Winning RM2bil in New Contracts

Gamuda Berhad logoGamuda Berhad
Sig3.20Sen+6.80Env+2.90Soc0.00Gov0.00

Gamuda’s order book reached a record high of RM56bil after it secured two Australia contracts and one in Cyberjaya totaling RM2bil. Analysts expect the new wins to be a key earnings catalyst. The wins follow prior Edify Energy awards linked to solar-plus-Bess plants, with the latest Australian contracts described as fixed-price and targeting about 5% PBT margin.

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