PETALING JAYA: Power Root Bhd is poised to benefit from the upcoming festive season as its plants are now running at full workforce capacity with utilisation rates almost returning to pre-pandemic levels of about 90%. This will help it catch up with production delays to fulfill backlog orders as well as cater to pent-up demand since the reopening of economic activities. CGS-CIMB Research, in a report, said there has been strong order replenishment from the company’s customers led by the festive

KUALA LUMPUR: Kerjaya Prospek Group Bhd's recent job wins that are worth a combined RM46mil puts the construction group another step closer to its projected replenishment targets for the year. Kenanga Research said the total year-to-date new wins of RM984mil come to 66% of its FY23 full-year job win target of RM1. 5bil. With the addition of the latest two contracts, the group's outstanding order book also rose to RM4. 4bil. Kenanga said it is positive on the win, but maintained its forecasts as

KUALA LUMPUR: Kerjaya Prospek Group Bhd's recent job wins that are worth a combined RM46mil puts the construction group another step closer to its projected replenishment targets for the year. Kenanga Research said the total year-to-date new wins of RM984mil come to 66% of its FY23 full-year job win target of RM1. 5bil. With the addition of the latest two contracts, the group's outstanding order book also rose to RM4. 4bil. Kenanga said it is positive on the win, but maintained its forecasts as

KUALA LUMPUR: Kerjaya Prospek Group Bhd's recent job wins that are worth a combined RM46mil puts the construction group another step closer to its projected replenishment targets for the year. Kenanga Research said the total year-to-date new wins of RM984mil come to 66% of its FY23 full-year job win target of RM1. 5bil. With the addition of the latest two contracts, the group's outstanding order book also rose to RM4. 4bil. Kenanga said it is positive on the win, but maintained its forecasts as

KUALA LUMPUR: Kerjaya Prospek Group Bhd's recent job wins that are worth a combined RM46mil puts the construction group another step closer to its projected replenishment targets for the year. Kenanga Research said the total year-to-date new wins of RM984mil come to 66% of its FY23 full-year job win target of RM1. 5bil. With the addition of the latest two contracts, the group's outstanding order book also rose to RM4. 4bil. Kenanga said it is positive on the win, but maintained its forecasts as

PETALING JAYA: HSS Engineers Bhd is confident of its order book visibility in the near future. The group is also optimistic on projects such as the Petaling Jaya Dispersal Link highway( PJD Link) and Sungai Klang Expressway, which are new proposals by the private sector. Its management had recently guided in a briefing for more upside to contract wins in the fourth quarter of this year and first quarter of 2022, driven by the revival of rail, highway, water and port infrastructure development. T

PETALING JAYA: Despite Malaysia Marine and Heavy Engineering Holdings Bhd’s( MMHE) recent Jerun Central Processing Platform( CPP) contract, Hong Leong Investment Bank( HLIB) Research remains concerned about the prospects of the company as it requires increased work acitivities to breakeven going forward. MMHE recorded a lower core net loss of RM6. 7mil in the first quarter ended March 31, 2022( 1Q22) from net loss of RM106. 6mil in 4Q21 due to the improved performance of its marine segment as a

PETALING JAYA: ACE Market-bound Haily Group Bhd, which is involved in the construction of residential and non-residential buildings in Johor, is anticipated to record steady earnings growth, supported by its healthy unbilled order book.TA Securities in a report said it expects the group to record earnings growth of 2.9%, 17.4%, and 12.1% to RM10. 5mil, RM12. 3mil and RM13. 8mil, respectively, from 2021 to 2023.“ We expect the group to register a decent earnings growth in 2022 and 2023, as we bel

close Video Fox News Flash top headlines for May 9 Fox News Flash top headlines are here.... A damaged Russian tank is seen on a highway to Kyiv, Ukraine, on Monday.... We would get it by New Year's," he said." If tonight we order new ships to be built, how soon will we get the first one?...

A customer asking about antigen rapid test kits, which were already sold out, at a Unity pharmacy outlet in Toa Payoh on Sept 20, 2021.... ST PHOTO: JASON QUAH Demand for the test kits has increased almost fivefold in recent weeks with both individual consumers and companies procuring them, said a Watsons spokesman.... Vending machines for people to collect their self-test kits at Block 33 Bedok South Avenue 2....