Description

SALCON aims to transform lives for the better as a leading water and wastewater engineering company, with focus on the investment, design, construction, commissioning, operation and maintenance of water and wastewater treatment plants and ancillary facilities across Asia

Fundamentals

SALCON’s healthcare services division via JR Engineering and Medical Technologies (M) S/B (JR) contributed to the group’s improved financial performance in the first quarter of 2021. The acquisition of JR was completed on 12 March 2021 and comes with a profit guarantee of RM 10m per annum in JR for the financial year 1 Jan to 31 Dec for years ending 2021, 2022 and 2023.

Source: PublicInvest Research - 16 Aug 2021