No issue. 9MFY06/10 net profit came in within our expectation at 76% of our full-year forecast.
Better job flow in FY06/11. Among the new projects Fajarbaru is currently eyeing/tendering are the RM400m teaching-hospital in Kuantan based on the private finance initiative (PFI) model, the remaining work packages of the new LCCT including parking apron (RM200m), taxiway (RM100m) and runway (RM400-500m), a bridge/road project in Peninsula Malaysia and the LRT line extension project. The winning bids for these jobs are likely to be announced from 2H2010.
Fajarbaru Builder Group Berhad : 9MFY06/10 Net Profit Jumps 42% YoY
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