PETALING JAYA: Kenanga Research expects Gas Malaysia Bhd
’s second quarter ending June 30, 2025 (2Q25), to remain soft due to temporary gas curtailment following the pipeline fire in Putra Heights, Selangor, last month, but its earnings should recover in the second half of this year (2H25).
“That said, narrower margin spreads from contract renewals in January this year could weigh on profitability. Nonetheless, normalised gas volumes in 2H25 should support its attractive dividend yield,” the research house said.
