IOI earnings to remains strong in 2H, says Kenanga


KUALA LUMPUR: Kenanga Research expects IOI Corp Bhd's earnings in the second half of its financial year to remain strong despite the seasonally weaker production.

"Premised on higher CPO price so far, we expect earnings in 2HFY21 to remain strong," it said in a note, while reiterating its "outperform" recommendation on the stock.

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Kenanga Investment Bank Research , IOI , CPO , FFB

   

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