KUALA LUMPUR: Hong Leong Investment Bank (HLIB) research believes the claiming of Sports Toto's Bhd record-breaking jackpot will continue to spur interest in the game and lift the numbers forecast operator's (NFO) earnings in subsequent quarters.
The NFO recently announced core earnings of RM85.2mil for the third quarter of its 2022 financial year, which beat analyst expectations, as jackpot sales were higher than anticipated.
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