（吉隆坡13日讯）克立斯建筑（CresBld，8591，主板建筑股）放眼，今年建筑订单可达5亿令吉。

克里斯建筑董事经理杨昌铭，今天在Greens展览厅推介礼上说：“尽管现在低端市场放缓，不过，估计下半年将复苏。”

此外，他也认为，中高端产业仍存在发展潜力。

克立斯建旗下的Greens公寓，发展总值达4亿令吉，是永久地契住宅发展项目，占地2.83公顷，共建646个单位。目前，第一和第二阶段的认购率已达至50%。

杨昌铭说：“该发展项目估计将广受欢迎，尤其是售价介于50万令吉至80万令吉。”

该公寓的主要客户群，是首次购屋者和年轻高管。

关于公司未来展望，杨昌铭说：“计划今年下半年，在轻快铁金马站（Dang Wangi）建造以公交为导向的住宅和商业单位。”

他也透露，公司将在2018年，与马来西亚橡胶局（Malaysian Rubber Board）联营，携手合作在安邦路发展办公楼，和3座住宅大楼。

Day 40 of Fundamental Daily, YAPSS will be covering Crest Builder Holdings Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #CrestBuilderHoldingsBerhad

Click the on the link to find out more: https://youtu.be/XTvm5tjfpig

Crest Builders had a terrible decade with declining top line, bottom line and returns. From 2012 to 2018, the Group achieved an average ROE of 8%. From 2020 to 2023, the average ROE had declined to negative 11%.

This is obviously a company facing a turn around. The good signs are that its construction arm has a RM 2.2 billion order book as of 2022 and its property development arm has RM 2.2 billion gross development value of projects. And it is fianancial ok.

Its current losses are due to legacy projects and I think that it may take another 2 to 3 years to completely clean them.  So while it is currently trading at less than half its book value, you will have to wait for the market to re-rate it.

For more insights refer to Is Crest Builder a value trap?

For more details visit Is Crest Builder a value trap?