Eita secures three awards worth RM126m

by TMR

Eita Resources Bhd has secured three contracts for the installation and supplication of escalators and lifts from Prasarana Malaysia Bhd worth RM126.19 million.

The work scope includes the supply, delivery, installation, testing and commissioning of elevators and lifts for the Light Rail Transit Line 3 (LRT3) project from Bandar Utama to Johan Setia.

The contracts appointed Eita as the designated contractor for work for 106 escalator units worth RM70.55 million, and two packages for 95 lifts worth RM27.76 million and RM27.88 million respectively.

No commencement dates for the projects have been revealed.

EITA made a net profit of RM7.07 million for its first quarter ended Dec 31, 2017, or earnings per share of 5.44 sen on the back of revenue of RM70.11 million.