Pharmaceutical group’s earnings forecast unchanged


Positive news: The bottling of the Covid-19 vaccine from Sinovac by Pharmaniaga is expected to begin soon.

PETALING JAYA: Pharmaniaga Bhd’s earnings forecast for the financial year 2020 and 2021 remains unchanged, pending further disclosure from the management on the earnings impact resulting from the fill-and-finish agreement, said MIDF Research.

The research house also reiterated its earlier view that the potential upside from the fill-and-finish as well as vaccine distribution will more or less be rather minimal on the company’s earnings.

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