PETALING JAYA: Recovery prospects are expected to gain traction for Kimlun Corp Bhd for the financial year ending Dec 31,2021, (FY21) on higher contract rollouts.
The engineering and construction services provider is looking at securing RM500mil worth of construction contracts and RM150mil to RM180mil manufacturing contracts this year.
Its outstanding order book stood at RM1.4bil as at the fourth quarter of 2020, comprising RM1.1bil construction and RM300mil manufacturing jobs, compared with total outstanding order book of RM1.54bil in the preceding quarter.
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