Strong outlook for Datasonic on attractive valuation


PETALING JAYA : Datasonic Group Bhd’s current below-mean valuation is attractive, given its strong cash flow generation and healthy yields.

RHB Investment Bank Bhd (RHB IB) said this in a report to clients that the security-based information and communications technology solutions provider’s earnings of RM47.5mil for the first half of financial year 2025 (FY25) met expectations on higher average selling prices (ASP) and iKad orders, offsetting lower volumes for other solutions.

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