OSK Holdings’ capital financing set for solid growth

HLIB Research said growth prospects for the capital financing remain strong, anchored by Australia and the civil servant segment.

PETALING JAYA: OSK Holdings Bhd is seeing a strong growth in capital financing, which recorded a pre-tax profit of RM26.1mil in the first quarter of 2024 (1Q24). This is an increase of 13.6% quarter-on-quarter and 41.8% year-on-year, said Hong Leong Investment Bank (HLIB) Research.

Following a recent meeting with OSK’s management, the research firm said growth prospects for the segment remain strong, anchored by Australia and the civil servant segment.