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约搏ETH单双博彩(www.eth108.vip):Kelington’s order book to be replenished

约搏ETH单双博彩(www.eth108.vip):Kelington’s order book to be replenished

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Meanwhile, RHB Research expected the group’s 2Q22 core earnings to jump 18% to 30% year-on-year on stronger project recognition in Singapore, Malaysia and China as well as margins. (Piping installed by Kelington. - Filepic) instals piping

KUALA LUMPUR: Kelington Group Bhd is poised to replenish its order book over the next couple of months and into financial year ending Dec 31, 2023 (FY23), supported by its latest tender book of more than RM2bil.

The company’s order book replenishment is expected after factoring in stronger-than-expected year-to-date project wins, according to RHB Research.

In the first half ended June 30 (1H22), the group bagged contracts valued at RM762mil, making up 64% of its FY21 order wins.

“This looks to be on track to surpass the previous record by end of the fourth quarter ending Dec 31, 2022 (4Q22).

“The structural fab capacity expansion and prevailing tight supply situation globally should keep Kelington busy over the next 18 months, with an order book of RM1.6bil,” said the research house.

The contracs included the RM114mil general construction job for a European semiconductor manufacturer and a RM62mil gas hook-up job for China’s largest chip foundry.

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约搏ETH单双博彩www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,约搏ETH单双博彩数据开源、公平、无任何作弊可能性。

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As such, the brokerage is keeping a “buy” call with a higher target price of RM1.69 based on 28 times fully diluted earnings per share for FY23 forecast.

The research house has also raised its earnings forecast by 2% to 11% for FY22 to FY24 after bumping up its order book replenishment assumptions by 11% to 38%.

“We continue to see Kelington as a strategic proxy to the structural expansion in wafer foundry capacity (front-end), arising from the tight supply situation,” the research house pointed out.

According to Semiconductor Equipment and Materials International, the drawn-out Russian-Ukrainian conflict had resulted in the global chip shortage situation persisting until 2024.

Meanwhile, RHB Research expected the group’s 2Q22 core earnings to jump 18% to 30% year-on-year on stronger project recognition in Singapore, Malaysia and China as well as margins.

In 1Q22, the group’s revenue jumped 65% year-on-year – the highest ever achieved by the group.


转载说明:本文转载自Sunbet。
  • 皇冠网址(www.hg108.vip) @回复Ta

    2022-09-08 00:09:10 

    On Wall Street, major indexes climbed on Monday, reversing earlier session losses. Shares posted four straight weeks of gains amid optimism over a slowdown in U.S. inflation that could temper the pace of Fed rate hikes.很耐人寻味

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