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Current projects to lift Gamuda earnings.

Business Times (Malaysia)

| December 18, 2009 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Sharen Kaur

MALAYSIA's second-biggest builder Gamuda Bhd expects its net profit and revenue for the current financial year to improve due to higher contributions from on-going construction works.

Group managing director Datuk Lin Yun Ling said one third of earnings will come from abroad. He expects half of earnings to come from overseas in 2011.

He said Gamuda has RM8 billion of outstanding orders and unbilled sales of RM700 million, which will be recognised in stages.

Unbilled sales would also double in two years as it has several future launches.

"We have enough on our plate to improve our performance," he said after the …

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