KUALA LUMPUR: Affin Hwang Capital research maintained its buy rating and price targer of RM26.90 on Kuala Lumpur Kepong Bhd following its 1QFY20 earnings result that came within its expectations.
The research house said KLK first quarter revenue was flattish year-on-year (y-o-y) at RM4.1bil with falling revenue contributions from the manufacturing and investment holding divisions and higher contributions from the plantation and property divisions.
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