Maybank IB Research said the property group’s improved earnings outlook is supported by potential land sales in Selangor, which should improve the company’s net gearing.
PETALING JAYA: S P Setia Bhd will likely see stronger earnings from the second quarter of its financial year ending Dec 31, 2023 (2Q23).
According to Maybank Investment Bank (Maybank IB) Research, the property group’s improved earnings outlook is supported by potential land sales in Selangor, which should improve the company’s net gearing.
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