KUALA LUMPUR: RHB Research has reiterated its "buy" recommendation on Hartalega Holdings Bhd
on expectations of stellar 3QFY21 earnings due to an increase in the average selling price (ASP).
The research house expects a 3QFY21 earnings to surge 643% year-on-year (y-o-y) and 65% quarter-on quarter (q-o-q) to RM900mil on the back of an estimated 50% q-o-q jump in ASP.
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