The renewed licence was issued to its subsidiary Ranhill SAJ Sdn Bhd, the exclusive provider of source to tap water in Johor.The licence enables the company to complete the cycle of potable water supply services from the sourcing of raw water, treatment of water to consumers, and the management of the maintenance of the water supply.
Main Income is solely on organic growth from its major business unit Ranhill SAJ.. maybe around 50-70% revenue from SAJ... There is no chance for water tariff increase with the current political situation, no spike in revenue..
Ranhill Utilities Bhd has been awarded a contract for pipe works in Muar, Johor, worth RM7.54 million.The group said the job entails the supply and installation of 5.3 km of main rising pipe from the intersection of Jalan Selatan-Jalan Bakri to the reservoir area and other associated works.
Ranhill said the contract was awarded to its wholly-owned subsidiary Ranhill Water Services Sdn Bhd by Sunan Jaya Sdn Bhd (SJSB).The contract is part of the infrastructure works being implemented for the development of the Muar Timber Industrial Park. SJSB is the main contractor appointed by the Real Estate Division & Infrastructure of Johor Corporation (JCorp). As such, the contract will be funded entirely by JCorp.
Ranhill said the contract is expected to be completed on Sept 30, or any extended period as approved by SJSB.The group expects the contract to contribute positively to its earnings for the financial year ending Dec 31, 2021.The securing of this contract further solidifies Ranhill Water Services’ reputation throughout Malaysia as a leader in holistic water network management and specifically the non-revenue water reduction sector.
Looking at the annual performance of the group's income has proven that Ranhill Group has failed to grow their business except to rely entirely on the income generated by Syarikat Air Johor (previously owned by the Johor government). Please see the number of tender bids won by ranhill subsidiaries? how much? too minimal ... very sad
Solar farm business, not sure, but from my point of view, Ranhill will sure benefited, even on the water supply or the water waste management within the solar farm, this is just my point of view
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....
hasnah
60 posts
Posted by hasnah > 2020-12-23 10:26 | Report Abuse
The renewed licence was issued to its subsidiary Ranhill SAJ Sdn Bhd, the exclusive provider of source to tap water in Johor.The licence enables the company to complete the cycle of potable water supply services from the sourcing of raw water, treatment of water to consumers, and the management of the maintenance of the water supply.