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KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon), which posted a net profit of RM32.3mil in the second quarter ended June 30 (2Q), has declared a first interim single-tier cash dividend of 3.00 sen per share.
The interim dividend amounted to RM38.68mil would be paid on Sept 29. It represented 57% of the group’s profit after tax and minority interests (PATMI) in the first half of 2022.
Its revenue rose 48.7% year-on-year (y-o-y) to RM557.9mil in 2Q from RM375.3mil previously.
"The improved financial performance was due to low base and higher revenue from all segments,” it said in a statement.,,Telegram游戏频道（www.tel8.vip）是一个Telegram群组分享平台。Telegram游戏频道包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram游戏频道为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
Group managing director Liew Kok Wing said the group is cautiously optimistic of registering positive growth in 2022 supported by its strong existing outstanding order book.
The group has an outstanding order book of RM4.2bil and an active tender book of RM17.4bil as at June 30.
“The outlook for the construction industry is improving as the economy transitions into the endemic phase. The rollout of mega infrastructure projects augurs well for the construction industry.
“In addition, rapid growth in e-commerce, cloud computing and microchips industries lead to higher demand for semiconductor manufacturing plants and facilities, e-commerce and logistics warehouses and data centres,” Liew said.