Valuations raised on packaging firm on higher orders and earnings


Kenanga Research said SLP’s first half of its financial year 2020 (FY20) core net profit of RM7.9mil was above the research house’s expectations as it had expected a weaker first half.

PETALING JAYA: Analysts have increased their valuations on packaging firm SLP Resources Bhd on expectations of improved orders and therefore increased earnings.

Kenanga Research said SLP’s first half of its financial year 2020 (FY20) core net profit of RM7.9mil was above the research house’s expectations as it had expected a weaker first half.

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SLP Resources , packaging , higher orders , earnings ,

   

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