Affin Hwang viewed Takaful Malaysia's transition as a meaningful catalyst for earlier profit recognition.
PETALING JAYA: Syarikat Takaful Malaysia Keluarga Bhd
(Takaful Malaysia) is poised to deliver a stronger financial performance in the coming quarters, underpinned by a structural shift in its product mix and improving margins.
Affin Hwang Investment Bank Research has reaffirmed its “buy” rating on Takaful Malaysia with an unchanged 12-month target price of RM3.80, citing the company’s evolving business dynamics that could accelerate profit recognition and enhance long-term returns.
