PETALING JAYA: A re-rating valuation is imminent for Gamuda Bhd as investors warm up to the group’s better earnings delivery, outperformance in new order wins and improving margin trajectory.

KUALA LUMPUR, March 26 (Bernama) -- Gamuda Bhd has achieved an all-time high in its construction order book, recording RM36 billion for the second quarter of the financial year ending Jan 31, 2025 (2Q ...

Meanwhile, Gamuda posted a net profit of RM195.04mil, or earnings per share of 7.26 sen in the first quarter ended Oct 31, compared with RM1.17bil, or 45.32 sen in the same quarter last year.

“We would not be surprised to see Gamuda Bhd be a contender for Package 3, if bidding margins are not overly compressed. It has a proven track record in airport-related infrastructure works, having ...