KUALA LUMPUR: Pharmaniaga, AMMB, RHB Bank, Fitters Diversified and Comfort Gloves are among the stocks which could see trading interest on Tuesday following the latest corporate earnings and announcements, TA Securities Research says.
Pharmaniaga has set up a task force to distribute the Covid-19 vaccine, which is expected to be available at the end of the first quarter next year.
Among the banks, AMMB's underlying net profit, excluding adjustment for modification loss and higher macro provisions due to the Covid-19 pandemic, increased 11.4% year-on-year (y-o-y) to RM791.9mil for H1FY21.
As for RHB Bank, it reported a net profit of RM622.3 mil for 3QFY20, up 1.0% from RM615.8mil a year ago.
In focus is Comfort Gloves, whose net profit for the 3QFY21 surged by over 1,100% to RM90.3mil, from RM7.4mil a year ago amid higher sales volume and average selling prices.
Fitters Diversified won a RM78.3mil construction contract for a residential property project in Rawang.
TA Research also highlighted that LKL International Bhd has secured a RM163.2mil contract to supply nitrile examination gloves to Shang Hong International (Hong Kong) Ltd.
Taliworks Corporation is venturing into the renewable energy market with the proposed acquisition of four solar projects, with an aggregate capacity of 19MW peak near the Kuala Lumpur International Airport.
Meanwhile, GETS Global Bhd, which has seen heavy trading interest, has received an unconditional mandatory takeover offer at 55 sen per share from its two largest shareholders ADA Capital Investments Ltd and Teong Lian Aik.
Hit by the Covid-19 pandemic and travel curbs, Malaysia Airports Holdings Bhd posted a wider net loss of RM319.7mil for the 3QFY20, versus RM91.1mil for the immediate preceding quarter of 2QFY20.
As for KPJ Healthcare, its 3QFY20 net profit fell 26.8% YoY to RM34.0mil.
Malaysia Building Society Bhd has returned to the black in the third quarter with a net profit of RM258.4mil, compared with a net loss of RM12.51mil in the preceding quarter.
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