Stock Digest - Kelington Group Bhd - Another Solid Quarter

Moving forward, we expect KGB to deliver improved performances particularly in 2H22, back by the relaxation of Covid-19 control measures in China, while the group remain focus onto the execution of works secured in FY21. Locally, KGB will also be kept busy with the large-scale construction work that was secured at Sarawak towards end-2021. In the meantime, the utilisation rate of liquid carbon dioxide (LCO2) plant is at 70.0%.