KKB Banking On Sarawak's Continued Growth For Optimistic Outlook
KKB Banking On Sarawak's Continued Growth For Optimistic Outlook
Despite these adjustments, KKB remains well-positioned to benefit from upcoming infrastructure developments in Sarawak, particularly in the energy sector, which is projected to see significant growth.
RHB Investment Bank Bhd (RHB Research) has maintained its BUY recommendation for KKB Engineering Bhd as the company is poised to benefit from Sarawak's growing development expenditure which has increased to RM10.8 billion for 2025 from RM9 billion previously.
印度興業銀行有限公司（RhB Research）維持了對KKb工程有限公司的買入建議，因爲該公司準備受益於砂拉越不斷增長的開發支出，該支出已從之前的90令吉增加到2025年的108令吉。
On that note, the research house has revised KKB's target price to RM1.86, a 17% upside.
就此而言，該研究機構已將KKB的目標價格上調至1.86令吉，上漲幅度爲17％。
However, RHB Research has cut KKB's FY24-FY26 earnings estimates by 13.5%, 5% and 8%, respectively, due to adjustments in non-controlling interest estimates and a reduced job replenishment target of RM250 million for FY24, down from the previous RM300 million.
但是，RhB Research已將KKB的 FY24-FY26 收益預期分別下調了13.5％、5％和8％，這是由於調整了非控股權益預期，以及將24財年的就業補給目標下調了25000萬令吉，低於之前的30000萬令吉。
Despite these adjustments, KKB remains well-positioned to benefit from upcoming infrastructure developments in Sarawak, particularly in the energy sector, which is projected to see significant growth.
儘管進行了這些調整，但KKb仍然處於有利地位，可以從砂拉越即將到來的基礎設施開發中受益，尤其是能源行業，預計該行業將實現顯著增長。
The company's outstanding order book stood at approximately RM165 million by the end of the third quarter (3Q), a decrease from RM300 million at the end of 2Q. However, its tender book, valued at RM295 million, offers the potential for further growth, with KKB expected to participate in additional bids worth RM350 million by the end of 4Q24.
截至第三季度末（第三季度），該公司的未償訂單量約爲16500萬令吉，低於第二季度末的30000萬令吉。但是，其價值爲29500萬令吉的招標書提供了進一步增長的潛力，預計到24年第四季度末，KKb將參與價值35000萬令吉的額外競標。
RHB Research is optimistic about KKB's prospects, with its involvement in Sarawak's burgeoning oil and gas sector, and a strong pipeline of upcoming projects.
RhB Research對KKB的前景持樂觀態度，因爲它參與了砂拉越蓬勃發展的石油和天然氣行業，還有大量即將到來的項目。
The group is poised to capitalise on Sarawak's continued growth, with a projected GDP of over RM60 billion by 2030, offering a significant long-term opportunity for the company.
該集團準備利用砂拉越的持續增長，預計到2030年國內生產總值將超過600令吉，這爲公司提供了重要的長期機會。
譯文內容由第三人軟體翻譯。
