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CIMB Research sees stronger Q4 for LBS Bina


CIMB Research: "Maintain Add given the potential value arising from its China Zhuhai International Circuit (ZIC) upgrade."

CIMB Research: "Maintain Add given the potential value arising from its China Zhuhai International Circuit (ZIC) upgrade."

KUALA LUMPUR: LBS Bina’s 9M18 core net profit was in line, at 62% of CIMB Equities Research and Bloomberg consensus full-year estimates.

“We deem the results in line as we expect a stronger 4Q18 due to higher revenue recognition from ongoing projects,” it said on Monday. 

Analyst Reports , Property

   

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