Don't worry, SSB8 is optimistic of its prospects given its ongoing existing projects and potential to secure new contracts in year 2023 despite the challenging business environment.
Malaysia's construction sector sustained its positive momentum in the first quarter this year with the value of work done expanded by 9.4 percent year on year to 32.2 billion ringgit (about 7.23 billion U.S. dollars)
As of December 31, 2022, SSB8's financial strength is demonstrated by its robust net cash position of RM108.2 million. In the first half of FY23 alone, SSB8 recorded revenue of RM110.47 million and a pre-tax profit of RM9.46 million, a testament to its consistent financial performance.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
life is great
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Posted by life is great > 2023-05-17 15:34 | Report Abuse
at least got dividend, most construction company already half dead lol