Strong pipeline of projects to lift Gamuda
Gamuda Bhd is poised to exceed its order book target of RM40bil-RM45bil by the end of 2025, driven by a strong pipeline of projects across Malaysia, Australia, and Taiwan.
Assuming a burn rate of RM1bil per month, Gamuda may end up with an order book of RM 59bil by end-2025.
TA Research revised its earnings projections lower following Gamuda’s weaker-than-expected performance.
Source: The Star
https://www.thestar.com.my/business/bus ... ift-gamuda
