PETALING JAYA: IJM Corp Bhd, which posted a 49.1% decline in net profit to RM33.4mil for the first quarter ended June 30, 2022 (1Q23), expects a satisfactory performance for the current financial year, supported by the recovery in the local business landscape.
The construction group reiterated that its focus on building financial resilience in the last two years by implementing cost containment measures, as well as aggressively paring down property inventory and low yielding assets, has yielded results with its fundamentals growing stronger post Covid-19.
IJM said in a statement that its balance sheet, with a net gearing of 27.8%, is expected to bolster its competitive position to undertake large-scale projects that are on a private-finance-initiative basis.
In the near term, performance would be supported by its outstanding construction order book of RM3.94bil and property unbilled sales of RM2.2bil.,
,Telegram群聊机器人（www.tel8.vip）是一个Telegram群组分享平台。Telegram群聊机器人导出包括Telegram群聊机器人、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram群聊机器人为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
The group said toll operations have recovered to pre-pandemic levels while the performance of its port operations will be dependent on the global recovery.
In 1Q23, pre-tax profit rose 8.9% to RM91.2mil. Adjusting for foreign exchange losses of RM45mil, it said pre-tax profit would have improved by 60% compared to the corresponding quarter last year.
Group revenue, meanwhile, increased 3.7% to RM1.07bil.
IJM said the rise in revenue was seen across most business divisions. Earnings per share for the quarter was at 0.95 sen.
转载说明:本文转载自Sunbet。 欧博开户声明:该文看法仅代表作者自己，与本平台无关。转载请注明：Telegram群聊机器人（www.tel8.vip）:IJM sees satisfactory results in FY23