: Kerjaya Prospek Group Bhd is cautiously optimistic, will continue to examine the market situation and tweak its business strategies accordingly to meet the challenges ahead and safeguard its financial performance.
“We were better prepared when the government announced the second Movement Control Order early this year, and we managed to get the Ministry of International Trade and Industry’s approval overnight for all our sites to continue operating. He said while the construction sector will remain as the main contributor to the group’s earning, with the gradual recovery of the property sector underpinned by the economic recovery and low interest rate environment, KPGB has decided to launch two new property development projects namely Yakin Land Development and Monterez Development in the second half of 2021.
“We managed to achieve a commendable order book replenishment of RM1.5 billion in FY20, which brings the total outstanding order book to RM3.5 billion as at Dec 31, 2020,“ he said, adding that 99.6 per cent of group’s revenue in FY20 came from the construction division.