Serba Dinamik’s 2021 earnings remain intact

TheStar Wed, Jan 20, 2021 09:30am - 3 years View Original


if Serba is able to contain its capital management, it remains as the only O&G stock in our coverage that is consistent in profit delivery due to its recurring maintenance income, ” Kenanga research said

PETALING JAYA: Serba Dinamik Holdings Bhd’s earnings outlook remains intact this year despite the uncertainty resulting from the spike in Covid-19 infections.

Analysts are bullish on Serba’s prospects for 2021 and they expect the group to win more contracts.

On Monday, Serba announced that it had clinched nine contracts worth US$136mil (RM548mil) comprising eight operation & maintenance (O&M) projects in Indonesia and one communications and technology (ICT) job in India. It also clinched two local contracts, with no specific values as they are on a “call-out” basis.

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