登1登2登3皇冠:Kelington’s order book to be replenished
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哈希竞彩平台(www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希竞彩平台开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。
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.
,,登1登2登3皇冠(www.hg108.vip)实时更新发布最新最快最有效的登1登2登3代理网址,包括新2登1登2登3代理手机网址,新2登1登2登3代理备用网址,皇冠登1登2登3代理最新网址,新2登1登2登3代理足球网址,新2网址大全。
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。
网友评论
澳门百家乐网
回复应该会火吧