PETALING JAYA: Integrated engineering solutions provider Kelington Group Bhd reported an impressive financial performance for the second quarter (Q2’2...
Integrated engineering solutions provider Kelington Group Bhd reported an impressive financial performance for the second quarter and six months ended June 30, 2023.
Coupled with the robust Q2’23 results, the group’s first half performance has soared to new heights. Revenue and net profit in H1’23 achieved an all-time high of RM733.8 million, up 51% and RM35.3 million, up 61% respectively. The industrial gases division continued its upward performance in H1’23 as revenue jumped 146% y-o-y to RM52.9 million, on the back of increased sales of liquid carbon dioxide and other gases.
Kelington’s order inflows remain robust, with the group securing contracts valued at RM744 million in the first half of 2023. Including projects carried over from previous years, the group’s total order book has reached RM2.44 billion, of which RM1.77 billion remains outstanding.
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.
Subang Jaya ADUN Says Poles Erected Near Subang Jaya LRT Are To Stop Cars From Parking & Disrupting BusesIn KL, especially around areas where there are LRT or MRT stations, traffic is always congested there as there will be lots of cars parked by the curb waiting for passengers. The ADUN of Subang Jaya, Michelle Ng Mei Sze has said in a Twitter thread that recently some barriers were erected along the Subang […]
Read more »
Elmina plane crash: I'm sorry I couldn't save p-hailing rider, says lorry driverPETALING JAYA: A lorry driver has apologised after failing to rescue the p-hailing rider who was involved in the plane crash incident on the Guthrie Highway at Elmina, Shah Alam.
Read more »
Aira, Sehveetrraa melangkah ke separuh akhirPETALING JAYA: Aira Azman berada di landasan tepat bagi memburu gelaran keenam selepas dia menyingkirkan rakan senegara, Goh Zhi Xuan
Read more »
Still mourning over Mama’s death, Ginting skips worldsPETALING JAYA: Indonesian shuttler Anthony Ginting dropped a bombshell by announcing his decision to withdraw from the World Championships in Copenhagen, Denmark, starting on Monday.
Read more »
Hannah: KBS, MIHF to find home for national ice hockey teamPETALING JAYA: The Youth and Sports Ministry (KBS) is working with Malaysia Ice Hockey Federation (MIHF) to identify a home for the national ice hocke...
Read more »