KUALA LUMPUR: RHB research has revised higher its earnings forecasts on Astro Malaysia Holdings Bhd after it trumped earnings expectations on the back of better opex efficiencies.
"We lift FY20, FY21 and FY22F core earnings by 14%, 5.2%, 6.2% after factoring in stronger opex gains, and roll over our forecast base year to FY21.
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