KUALA LUMPUR, June 6 (Bernama): JAKS Resources Bhd is expected to register a core net profit of RM94.6 million and RM96.9 million for the financial years ending Dec 31,2021 and 2022, respectively, said Rakuten Trade Research.
The research house said in a note today that the company's earnings are expected to be stronger in the coming quarters reflecting the full contribution from its power plant in Hai Duong province, Vietnam, which is anticipated to provide recurring income for the next 25 years.
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