KUALA LUMPUR: Maybank Investment Bank Research reiterated its "buy" call on Cahya Mata Sarawak Bhd while leaving its FY21-22 earnings estimates intact given existing expectations of a strong recovery in FY21.
"CMS’ prospects are in-tact, as management works on retaining its strategic positioning," it said while raising FY20 core net profit by 15% following a results briefing.
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