Better days ahead for corporate Malaysia

Commenting on last year’s fourth quarter earnings results, RHB Investment Bank Bhd regional equity research head Alexander Chia (pic) said five sectors beat expectations including the bellwether banking sector, plantation, auto, non-bank financial institutions and property.

KUALA LUMPUR: Corporate Malaysia generally posted market-topping earnings and encouraging financial results in the fourth quarter of last year and that momentum is expected to continue into 2022.

An analyst with a bank-backed brokerage said the government’s push to reopen borders and avert another lockdown would aid in earnings recovery for this year.