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Eversendai Looks Ahead

Tan Sri A K Nathan, Group Managing Director, Eversendai Berhad

01-Mar-17 07:07

Eversendai Looks Ahead

Against a challenging backdrop, Everendai posted its first pre-tax loss of RM248 million for FY16 - mainly attributed to large impairments in the oil & gas sector, as well as provisions. Looking to put the past behind, Group MD, Tan Sri A K Nathan is confident of a turnaround with an orderbook of RM3b to keep the group busy and its continued expansion in the Middle East.

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Tags:  Malaysia equitiesconstruction sectoroil&gasMiddle Eastearnings

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