6 days ago
OCK targets bigger FY26 earnings from contracts
Phillip Capital Research said FY25 has been a challenging year due to sluggish order book replenishment.
PETALING JAYA: OCK Group Bhd 's earnings in financial year 2026 (FY26) could surpass that of FY25 as it bids for more contracts to replenish its order book in the near-to-medium term.
Phillip Capital Research said FY25 has been a challenging year due to sluggish order book replenishment following the completion of major projects such as Malaysia's first 5G network and Jendela Phase 1.
OCK's RM250mil order book is led by telecommunication network services (62%), mechanical and electrical (30%), with RM1.5bil in activice bids.
It said U Mobile Sdn Bhd intends to co-share about 160 existing towers with OCK, which is expected to enhance infrastructure efficiency and support the expansion of network capacity.
The 5G infrastructure collaboration covers the deployment of towers, in-building coverage and related services with potential contract value exceeding RM500mil.
