KUALA LUMPUR: Lebtech Bhd's unit Lebtech Construction Sdn Bhd has been selected by Affizal Resources (M) Sdn Bhd to collaborate on various water works in Selangor worth RM 10.8 million.
The works are expected to commence in the first quarter of 2025.
In a filing with Bursa Malaysia, the company said the projects are expected to contribute to its financial year end 2025.
"The board of directors of Lebtech is of the opinion that the acceptance of the above-mentioned- subcontract is in the best interests of the company," it said.
For the third quarter ended Sept 30, 2024, Lebtech posted a loss of RM33,000 versus a net profit of RM246,000 in the same period last year.
Its revenue was down to RM2.72 million compared to RM6.7 million in Q3 2023.