Bright prospects for OSK on competitive strength

PETALING JAYA: Hong Leong Investment Bank Research (HLIB Research) remains positive about OSK Holdings Bhd’s prospects, given the competitive strength of the group’s well diversified businesses.

This was despite OSK’s recent 6.1% decline quarter-on-quarter (q-o-q) in the third quarter of 2023 (3Q23) core earnings, primarily due to a drop in profit share from the RHB Group.