M+ Online
27th February 2023

Stock Digest - Jaks Resources Bhd - Ensured By Stability From Vietnam

Given the absence of new orderbook replenishment, we reckon that the construction segment may continue to remain in red, while the balance EPC works at Vietnam is expected to be recognised progressively in subsequent quarters. Moving forward, outstanding orderbook of c.RM150.0m will provide revenue visibility over the next 2 years.

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