TCS Group has robust order book too: RM611.3 million contract from Jabatan Kerja Raya Sabah, RM86.38 million contract from Sime Darby Property Berhad and RM116.58 million contract from I&P Kota Bayuemas Sdn. Bhd
TCS' healthy order book with a diverse range of construction projects, ensuring steady revenue visibility and consistent earnings for the foreseeable future.
The construction sector’s outlook for the fourth quarter of 2024 (4Q24) is set to be bright, on the back of infra project builds as well as uptick in data centre projects. Buy when it's still cheap
Malaysia's housing market, and by extension the property sector, remained resilient and stable throughout 2024, supported by brisk demand and new projects
at current price, downside is v limited. just need some good news to boost it. hmm, waiting for contract announcements.... hopefully got good news in coming 1Q. construction industry will do well in 2025.
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....
BuildBackBossku
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Posted by BuildBackBossku > 1 month ago | Report Abuse
Not bad wor, TCS is able to record an 8.5% year-on-year increase in Q3 revenue, and maintained profitability compared to the previous year