Stronger earnings ahead for Wah Seong, says CIMB Research


KUALA LUMPUR: CIMB Equities Research retains Wah Seong Corp as an Add and its top oil & gas small-cap pick, with a larger presence in Europe and North America being a potential re-rating catalyst.

It said on Tuesday Wah Seong’s 1Q core net profit jumped 28% on-year and formed 20% of its FY15 forecast.

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