Robust earnings potential seen for UEM Edgenta

TheStar Thu, Apr 22, 2021 10:10am - 2 years View Original


UEM Edgenta’s earnings growth will also be supported by its robust orderbook of RM12.2bil, mainly from its healthcare and infrastructure services divisions, as well as operational efficiency through its advanced technology integration.

PETALING JAYA: UEM Edgenta Bhd is expected to record strong earnings for the next three years as it stands to be the main beneficiary of the country’s economy reopening and the healthcare industry’s growth.

The total asset management and infrastructure solutions group is expected to see a compounded annual growth rate of 67% from 2021 to 2023 due to the low base effect from last year, with a healthy earnings before interest, taxes, depreciation and amortisation margin of 10% to 12%.

UEM Edgenta’s earnings growth will also be supported by its robust orderbook of RM12.2bil, mainly from its healthcare and infrastructure services divisions, as well as operational efficiency through its advanced technology integration.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.460
EDGENTA 0.950

Comments

Login to comment.