KUALA LUMPUR, Oct 12 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is positive about Skyworld Development Bhd’s outlook, driven by major earnings inflection point.
Business : SkyWorld To Benefit From Earnings Growth With Bukit Jalil Project -- HLIB
Skyworld Development Bhd, Bandar MADANI, Curvo Re
Key takeaways
HLIB expects Skyworld to benefit from earnings growth due to the Bukit Jalil project and improved housing demand.
- HLIB is positive about Skyworld's outlook due to the Bukit Jalil project's potential.
- The project has a gross development value of RM6-7 billion.
- Revenue growth is expected as projects advance and billings accelerate.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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