,Group managing director Datuk Lee Tuck Fook said the expected recovery of the gross domestic product following the increase from 4.3% in January to 5.4% in March would further contribute to the group’s growth.皇冠买球网址（www.hg108.vip）是皇冠体育官网线上直营平台。皇冠买球网址面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。皇冠买球网址可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。
KUALA LUMPUR: WCT Holdings Bhd is cautiously optimistic about the current economic outlook now that the country has transitioned into the endemic phase.
In a statement, the engineering and construction group said the gradual normalisation of economic and social activities would augur well for the group’s businesses.
Group managing director Datuk Lee Tuck Fook said the expected recovery of the gross domestic product following the increase from 4.3% in January to 5.4% in March would further contribute to the group’s growth.
“The recovery will enhance WCT group’s revenue, in light with the resumption of global and domestic economic activity, opening of the international borders, normalisation of labour market conditions, increase in consumer spending, and continuation of large infrastructure projects,” he said in the statement.
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In the financial year ended Dec 31, 2021 (FY21), WCT posted a net profit of RM97.29mil on revenue of RM1.75bil.
WCT noted that in 2021, its engineering and construction division secured RM1.48bil worth of new contracts despite the competitive landscape and challenging market conditions.
Meanwhile, all resolutions tabled at its AGM on Wednesday were passed, including the final single-tier cash dividend of 0.5 sen per ordinary share for FY21.