Affin Hwang maintains 'sell' on SLP Resources, TP raised to 45 sen


KUALA LUMPUR: Affin Hwang Capital research has maintained its "sell" recommendation on SLP Resources Bhd following the release of weak first quarter earnings.

SLP's core net profit for the quarter fell 26% year-on-year to RM4.1mil, which was only 17% of market full-year estimates but 27% of Affin Hwang's full-year forecast.

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