PublicInvest Research
Technical Buy - KITACON (5310)
PublicInvest
Publish date: Mon, 22 Jul 2024, 09:51 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
KITACON has an established track record of 32 years in the building construction industry since commencing operations in 1990.
Fundamentals
The Group's resilience is supported by a strong order book, with steady demand for construction activities. From 1 Jan 2024 to 28 May 2024, the Group secured RM425.4m in contracts, bringing its outstanding order book to RM1.26bn.
Source: PublicInvest Research - 22 Jul 2024
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