Equity Analysis /
Malaysia

MY : HSS Engineers - Set for a rebound in earnings and job wins

    Sharizan Rosely
    Sharizan Rosely

    Construction and Infrastructure

    CGS-CIMB
    21 November 2021
    Published by

    HSS’s briefing left us with greater optimism about its contract outlook. Tender outlook has improved with diversification into the telco and data center infra while we see strong potential to secure MRT 3 EPMC jobs. Reiterate Add rating with lower TP; resurgence of contract wins is a catalyst.