Cahya Mata to see stronger earnings growth


RHB Research in a report yesterday said it has raised its earnings forecast on CMSB by 9% for the financial year ending Dec 31,2021 (FY21) and FY22 driven by its associates OM Materials (OMS) and Kenanga Investment Bank.

PETALING JAYA: Cahya Mata Sarawak Bhd (CMSB) is expected to see higher earnings growth, driven by its commodity and stock trading subsidiaries.

RHB Research in a report yesterday said it has raised its earnings forecast on CMSB by 9% for the financial year ending Dec 31,2021 (FY21) and FY22 driven by its associates OM Materials (OMS) and Kenanga Investment Bank.

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