CBH is likely to release its 3QFY25 results around mid-month; projects quarterly profit to come in between MYR12.4 million and MYR14.4 million, bringing its cumulative 9MFY25 earnings to around MYR28.2 million to MYR30.2 million. "We attribute the anticipated YoY and QoQ earnings growth to consistent progress billings from its current unbilled order book of MYR554 million," it notes. Furthermore, brokerage says the management reiterated that job replenishment visibility remains strong, underpinned by accelerating investments from global data center (DC) hyperscale operators to meet surging artificial intelligence driven data demand; makes no changes to its earnings forecast, pending 3QFY25 results, as the earnings will likely remain within its expectation. "We continue to favor the stock for its strong footfall in the robust DC power infrastructure construction space and scalable integrated M&E capabilities that position it to capitalize on sustained infrastructure investment momentum," says analyst Ng Hong Tong.