PETALING JAYA: JHM Consolidation Bhd
’s outlook remains positive on growth catalysts stemming from new customers, projects and expansions.
It posted a net profit of RM9.01mil in the first quarter ended March 31, 2021 from RM5.29mil a year ago.
Analysts are generally bullish on the group’s performance in the upcoming quarters, underpinned by robust orders which would uplift margins albeit some key risks.
RHB Research said it expects the group to record stronger numbers in the quarters ahead, as robust orders should be maintained and margins are expected to widen due to economies of scale.
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