Categories: Business News

Greatech Seen Poised for Earnings Upgrades Amid Record Order Book

KUALA LUMPUR: Analysts believe market consensus remains behind the curve on Greatech Technology Berhad despite the group posting a record order book and improving earnings visibility. The research house maintained a “BUY” call with a target price of RM3.30, based on a 30-times CY27 price-earnings valuation.

Greatech Technology

Greatech’s order book surged 66% quarter-on-quarter to RM1.67 billion, with management targeting RM2 billion by year-end. The company expects RM500 million in fresh orders over the next three months from its e-mobility and life sciences divisions, alongside additional data centre-related jobs.

Data centre exposure now makes up 50% to 55% of total orders, with annual replenishment estimated at RM1 billion over the next three years. Analysts expect revenue and margins to strengthen progressively as project execution accelerates and capacity utilisation improves.

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Staff Writer

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