KUALA LUMPUR: FGV Holdings Bhd transformation plans are expected to gradually bear fruit, while potentially higher CPO prices and a turnaround in the sugar business could also lend a boost a earnings, says Affin Hwang Capital research.
"We project a wider core net loss of RM123.5m for 2019, but raise our 2020-21E core EPS by 6.8%/7.8%," it said in a note.
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