PETALING JAYA: Chin Hin Group Bhd
has encouraging medium to long-term prospects, premised on the expected rollout of construction and infrastructure-related projects in the coming year, says PublicInvest Research.
This is in addition to the increased contributions from the listed entities in its stable – Solarvest Holdings Bhd (SHB), Signature International Bhd (SIB) and Chin Hin Group Property Bhd (CHGP).
In a report, PublicInvest Research said it had lifted Chin Hin Group’s financial years 2022 and 2023 earnings estimates by an average 19% to account for better contributions from the listed entities.
The research unit also noted that the group has seen some measure of success in addressing its previously loss-making operations as businesses restart post-vaccination and post-transition into phase four of the National Recovery Plan.
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