KUALA LUMPUR: AmInvestment Bank research slashed its earnings forecasts for Berjaya Food Bhd
following an earnings disappointment over the first three quarters of its financial year.
AmInvestment lowered earnings forecasts by 7% for FY20F, 18% for FY21F and 17% for FY22F while maintaining its "hold" call on the counter with a reduced fair value of RM1.02 a share from RM1.23 previously.
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