KUALA LUMPUR, Feb 23 — Sunway Construction Group Bhd’s net profit jumped to RM112.59 million in the financial year ended December 31, 2021 from RM72.79 million posted a year ago.
It said the construction segment reported revenue of RM1.61 billion in FY2021 from RM1.46 billion in FY2020 as the impact of Covid-19 was less severe than last year due to the vaccination drive which allowed for faster resumption of economic activities. SunCon said it has propose a second interim dividend of four sen per share, which brings total dividend to 5.25 sen and equivalent to 60 per cent of full year profit after taxation and minority interests, to be paid on April 7, 2022.
“This is further driven by our active new order book replenishment target of RM2 billion for 2022, underpinned by advances in sustainability which will drive our long-term performance.
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