KERJAYA PROSPEK ACHIEVES RECORD-BREAKING REVENUE OF RM1.84 BILLION AND 7% DIVIDEND YIELD FOR FYE2024
Kerjaya Prospek Group Berhad posted a record RM1.84 billion revenue for FYE2024, with PATAMI up 21.8% to RM160.1 million. Backed by a RM4.0 billion order book and strong cash position, the Group targets RM1.6 billion in new contracts for FYE2025 while expanding its property development footprint.
KERJAYA PROSPEK SECURES FIRST CONSTRUCTION CONTRACT FOR 2025
Kerjaya Prospek Group Berhad (“Kerjaya”) secured a RM256.4 million contract from Eastern & Oriental Express Sdn. Bhd. to construct 360 terrace houses and related infrastructure in Elmina West, Shah Alam. The 26-month project raises Kerjaya’s order book to RM4.2 billion, ensuring strong earnings visibility. CEO Tee Eng Tiong highlighted the win as a testament to the Group’s commitment to growth and shareholder value.
KERJAYA PROSPEK PARTNERS ASPEN VISION TO EMBARK ON NEW MAJOR DEVELOPMENT PROJECT IN PENANG
Kerjaya Prospek Group Berhad (“Kerjaya”) has partnered with Aspen Vision Development Sdn. Bhd. to develop a 36-acre mixed-use project in Seberang Perai Tengah, Penang. The project, featuring affordable housing, residential units, and commercial spaces, will begin construction by end-2024.
KERJAYA PROSPEK WINS TWO NEW CONTRACTS WORTH RM34.4 MILLION
Kerjaya Prospek Group Berhad has secured two contracts through its subsidiary, totaling RM34.4 million. The projects, commencing on 5 November 2024, include piling work in Batu Kawan, Penang, and site clearance in Damansara Damai, Selangor. With an order book now at RM4.5 billion and 10 contracts worth RM1.6 billion secured this year, Kerjaya is well-positioned for continued growth.
KERJAYA PROSPEK HITS RM1.5 BILLION CONTRACT WINS TARGET FOR 2024
Kerjaya Prospek Group Berhad (“Kerjaya”) announced that its subsidiary, Kerjaya Prospek (M) Sdn. Bhd., has secured a RM292.8 million contract from Mega Legacy (M) Sdn. Bhd., a UEM Sunrise subsidiary, to build a 57-storey residential building in Mukim Batu, Kuala Lumpur. Construction begins on 17 September 2024, with a 38-month completion timeline.
KERJAYA PROSPEK ACHIEVES 28% SURGE IN REVENUE
Kerjaya Prospek Group Berhad (“Kerjaya”) reported a 17.5% year-on-year increase in Q2 PATAMI to RM37.1 million, with revenue up 27.8% to RM395.4 million, driven by strong construction activities. For 1H2024, PATAMI rose 15.8% to RM70.6 million, and revenue increased 20.8% to RM732.6 million. The Group maintained a net cash position of RM231.4 million.
KERJAYA PROSPEK SECURES RM275 MILLION CONTRACT
Kerjaya Prospek’s subsidiary has secured a RM275.3 million contract for a 50-storey serviced apartment in Pulau Andaman, Penang. Construction will begin on 2 January 2025 and is set to complete in 38 months. The contract is from Persada Mentari Sdn. Bhd., part of Eastern & Oriental Berhad.
