RHB Research lifted its FY23 to FY24 core earnings projections for OCK by 1% and 7%, mainly to factor in stronger revenue growth and margin assumptions.
PETALING JAYA: Strong earnings growth for OCK Group Bhd
is expected for financial year 2023 (FY23), supported by its large order book and more local 5G site deployments.
It can also expect resilient earnings with more than 50% of revenue and about 70% earning before interest tax depreciation and amortisation (Ebitda) from its regional towerco business.
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