RHBIB Remains Upbeat On Binastra Corp's Prospect
KUALA LUMPUR, June 20 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat on Binastra Corporation Bhd's prospects, projecting earnings to grow at a compound annual growth rate (CAGR) of 132 per cent for three financial years (FYs) between 2025 and 2028.
In a research note today, the investment bank said this will largely be in tandem with its anticipated order book growth, backed by the expansion of its key clients beyond the Klang Valley.
It said Binastra has clinched RM997 million in new jobs for year-to-date (YTD-FY2026) versus its internal job win target of RM4 billion (FY2025 job replenishment: RM3.1 billion).
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