KUALA LUMPUR: A Cabinet decision is collectively made by its ministers, and the Prime Minister should not bear the entire responsibility, says former premier Tan Sri Muhyiddin Yassin.
said it anticipates the year's performance to be largely driven by overseas and domestic construction activities, including the construction of several data centres and higher contribution from the property division’s various quick-turnaround projects .
Additionally, the group has a healthy balance sheet with a comfortable net gearing of 39%, well below its self-imposed gearing limit of 70%. It said the higher bottomline was owing to total earnings from construction projects growing 20%, although property earnings decreased 17% following the completion of Vietnam’s Celadon City at the end of last year.
The group reported revenue of RM4.14bil in the quarter under review, against RM2.8bil in the previous corresponding quarter, a 47% jump owing to stronger construction revenue from overseas and domestic projects.
Gamuda Construction Engineering Property
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gamuda, IJM likely RM6bil flood tunnel job winners(Reuters) - English soccer referees' body the PGMOL said on Wednesday it was taking new allegations against David Coote very seriously and European soccer body UEFA said it had suspended the Premier League referee.
Read more »
Gamuda Berhad: Pioneering digital innovation in constructionIn an era where digital transformation is reshaping industries, Gamuda Berhad has emerged as a notable player in the construction and infrastructure sectors
Read more »
Gamuda Land and Taylor’s Education Group Join Forces to Bring Affordable Private Education in Gamuda’s TownshipsGAMUDA GARDENS: Gamuda Land and Taylor’s Education Group are joining hands in an effort to make private primary and secondary education more affordabl...
Read more »
Experience A Magical Glow-In-The-Dark Christmas With Fun Festive Activities At Gamuda CoveHappening on 7 and 8 December, this free-entry event will make you feel like you’re in a magical Christmas world.
Read more »
Gamuda, Land Taylor’s bentuk kerjasama pendidikan rendah menengah mampu milikGamuda Land dan Taylor’s Education Group baru-baru ini bekerjasama bagi menjadikan pendidikan rendah dan menengah swasta lebih
Read more »
Gamuda Cove bina dua sekolah rendah awam siap 2026Gamuda Cove bina dua sekolah rendah awam siap 2026
Read more »