SunCon posts improvement in profit before tax margin

TheStar Fri, Feb 21, 2020 08:40am - 4 years View Original


According to SunCon managing director Chung Soo Kiong(pic), the construction company achieved RM1.8bil in new orders for FY19, surpassing its target of RM1.5bil.

PETALING JAYA: SUNWAY CONSTRUCTION GROUP BHD (SunCon), which has reported a higher profit before tax margin of 8.9% for the financial year of 2019 (FY19), has upped its order book target to RM2bil for 2020.

According to SunCon managing director Chung Soo Kiong, the construction company achieved RM1.8bil in new orders for FY19, surpassing its target of RM1.5bil.

“We are confident of securing our projects in Myanmar and India by the second half of this year, ” he said in a statement yesterday.

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