Kimlun cautious on construction industry
Despite the relatively strong order book, AmBank Research said the group continued to be cautious on the local construction and building material sector and is bracing for a challenging time ahead.
PETALING JAYA: Kimlun Corp Bhd 
’s outstanding construction order book of RM1.9bil will keep the group busy for the next two years, AmBank Research said.
The group’s precast concrete product division also has an order backlog of about RM300mil that should keep it busy for the next two years, the research house added.
Despite the relatively strong order book, AmBank Research said the group continued to be cautious on the local construction and building material sector and is bracing for a challenging time ahead.
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