Established in 1981, Sunway Construction Group Bhd (SunCon) has emerged as a leading pure-play construction company listed in Malaysia. As of 9 May 2019, SunCon is worth RM 2.56 billion in market capitalisation. In this article, I like to bring an update on its latest financial results, plans for its future, and valuation figures based on its current stock price of RM 1.98 a share.
Thus, here are 10 things to know about SunCon before you invest:
SunCon has achieved continuous growth in revenues and shareholders’ earnings for the last 5 years. Revenues had grown from RM 1.88 billion in 2014 to RM 2.26 billion in 2018. It has sustained its net profit margin (NPM) of 6 – 7% and thus, contributing to rising shareholders’ earnings, from RM 112.8 million in 2014 to RM 144.7 million in 2018. As such, its earnings per share (EPS) has increased from 8.7