31-Dec-2023-Sun: Stock Analysis – GAMUDA (5398) – RM4.590:
GAMUDA’s 1QFY24 results met expectations. Its 1QFY24 core profit grew 35% YoY largely driven by construction earnings from Australia. Separately, it has bagged a RM1.8b MRT civil construction contract in Singapore. It guided for Bayan Lepas LRT to get off the ground “within the next 3-4 months” while the status of MRT3 is “unclear”. We […]
31-Dec-2023-Sun: Stock Analysis – GAMUDA (5398) – RM4.590: Read More »