Tune Protect poised to record strong recovery

Rakuten Trade Research Sdn Bhd expects Tune Protect to post a net profit of RM18.5mil and RM50.8mil for financial years ending Dec 31, 2021 (FY21) and FY22, respectively, following the relaxation of standard operating procedures and the uplift of travel restrictions worldwide.

KUALA LUMPUR: Tune Protect Group Bhd is expected to see strong earnings recovery on the back of improved product mix, aggressive launching of new products and healthy balance sheet.

Rakuten Trade Research Sdn Bhd expects Tune Protect to post a net profit of RM18.5mil and RM50.8mil for financial years ending Dec 31, 2021 (FY21) and FY22, respectively, following the relaxation of standard operating procedures and the uplift of travel restrictions worldwide.