Kenanga Research said expected margin cut from 14% to 12% was due to foreign exchange.
PETALING JAYA: Analysts have cut their net profit target by 25% for Hartalega Holdings Bhd
for the financial year ending March 31, 2026 (FY26) in line with a decrease in earnings margin assumption.
Kenanga Research said expected margin cut from 14% to 12% was due to foreign exchange (forex), where it has conservatively assumed that Hartalega would not pass on any forex impact to customers in the immediate term.
