Gamuda Berhad Announces Consolidated Earnings Results for the Fourth Quarter and Year to Date Ended January 31, 2019
March 27, 2019
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Gamuda Berhad announced consolidated earnings results for the fourth quarter and year to date ended January 31, 2019. For the quarter, the company reported revenue of MYR 1,125,128,000 against MYR 998,920,000 a year ago. Profit from operations was MYR 162,508,000 against MYR 179,946,000 a year ago. Profit for the period was MYR 189,297,000 against MYR 236,398,000 a year ago. Basic earnings per share were 7.02 sen against 9.10 sen a year ago. Fully diluted earnings per share were 7.01 sen against 8.80 sen a year ago.
For year to date, the company reported revenue of MYR 2,029,010,000 against MYR 1,769,687,000 a year ago. Profit from operations was MYR 352,476,000 against MYR 364,589,000 a year ago. Profit for the period was MYR 375,744,000 against MYR 455,233,000 a year ago. Basic earnings per share were 13.99 sen against 17.43 sen a year ago. Fully diluted earnings per share were 13.98 sen against 16.72 sen a year ago.
Gamuda Berhad is a Malaysia-based investment holding company, which is engaged in the business of civil engineering, infrastructure, and township developments. It operates through three segments: Engineering and Construction, Property Development and Club Operations, and Highways. The Engineering and Construction segment is engaged in the construction of highways and bridges, airfield facilities, railways, tunnels, water treatment plants, dams, and general and trading services related to construction activities. The Property Development and Club Operations segment is engaged in the development of residential and commercial properties and club operations. It also operates quarry, manufactures premix, and provides project delivery. It offers information technology services, and manufacture, supply, and laying of road surfacing materials. Its project includes Sitra Causeway Bridges, Kuantan Bridge, Pulau Bunting Bridge, Hamad International Airport, Sungai Selangor Dam, and more.