Latest prospect from qr:

new orders in FY2020, Kelington’s total orderbook grew to RM748 million, of which RM358 million remains
outstanding as at 31 December 2020.

We are also seeing increasing demand for our liquid carbon dioxide product as more and more businesses resume business activities.

Key review :

The better performance in General Contracting division was mainly attributed to the increase in project orders in FY2020, which boosted the revenue by 139% YoY to RM44.5
million from RM18.7 million in FY2019.

gross profit decreased 11% YoY to RM20.1 million mainly due to delay of certain projects arisen from pandemic which has incurred higher
cost. Profit before tax (“PBT”) was at RM6.8 million in 4Q2020.

China operations too recorded a robust growth and revenue rose 85% YoY