HSS share price sees downward trend amid job win

PETALING JAYA: HSS Engineers Bhd's (HEB) share price fell 1.04% this morning despite a RM16.5 million job win by its associate company HSS Integrated Sdn Bhd, to provide preliminary design consultancy services for infrastructure works for the East Coast Rail Link.
As at 10.41am, HSS’s share price stood at 95 sen with 1.3 million shares changing hands. It has a market capitalisation of RM306 million.
The job is for works from KM0 to KM220 of the ECRL and to be completed by the end of the year.
The contract will contribute positively to the revenue, earnings and net assets of HEB Group for financial year ending Dec 31, 2017.