M+ Online
16th August 2022

Stock Digest - Kelington Group Bhd - Another Record-Breaking Quarter

Moving forward, KGB’s outstanding order book at approximately RM1.60bn represents an orderbook-to-cover ratio of 3.1x against FY21 revenue of RM514.6m will provide strong earnings visibility over the next 2 years. Meanwhile, tenderbook remains relatively healthy at around RM2.00bn, supported mainly from on-going wafer fabrication plants expansions of semiconductor players.

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