MIDF downgrades KKB to Neutral, maintains TP at RM1.47

analyst report

KUALA LUMPUR: MIDF research is positive over the KKB Engineering Bhd's first-half PATAMI of RM8.7mil, which was much improved over that of the previous corresponding period.

The research house said the earnings comprised 55% and 52% of its and consensus full-year estimates, and were "laudable" in comparison to the previous year's earnings.