KUALA LUMPUR: Kenanga Research maintained its "outperform" recommendation on Hap Seng Plantations Bhd as its earnings results came in-line with expectations while another strong set of results are expected in the final quarter of 2020.
Hap Seng posted a 3QFY20 core net profit of RM21.5mil, which brought 9MFY20 earnings to RM38.9il, which came to 68% and 88% of Kenanga's and consensus full-year estimates.
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