During the quarter in review, the construction and property development company saw its revenue grow 14.1% to RM539.79mil from RM472.88mil in the previous corresponding period, while its earnings per share increased to 2.71 sen from 2.62 sen previously.
PETALING JAYA: The recent contract win has boosted WCT Holdings Bhd
’s orderbook above the RM2bil mark this year, exceeding the market’s expectation, but analysts said weak property sales is clouding the group’s earnings outlook.
Last week, WCT announced its joint-venture (JV) with TSR Capital Bhd was awarded a RM676.8mil contract by PNB Merdeka Ventures Sdn Bhd to build a shopping complex at the Merdeka 118 project.
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