RHB keeps OCK as top sector pick, expects weaker 2Q earnings


KUALA LUMPUR: RHB Investment Bank Research has kept OCK Group Bhd as its top sector pick despite expectations of weaker revenue and profit after tax in its upcoming earnings result, scheduled for Aug 27.

Despite the weaker earnings, the underlying performance of the group would still be ahead of that of its mainstream telco peers given the high level of utility-type infrastructure revenues, said the research house.

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