BIMB Securities Research said: “We believe the new and transformed KPS will fulfil its value-creation plan to enhance businesses and thus realise a sustainable, long-term earnings growth.”
KUALA LUMPUR: Selangor state-controlled Kumpulan Perangsang Selangor Bhd
(KPS), which is transforming into a manufacturing-based entity, is expected to double its return on equity in the next three years.
BIMB Securities Research said the group is looking to fulfil its value creation plan to enhance its businesses, translating to earnings growth.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
