MBSB Research said it has kept its earnings projections unchanged.
PETALING JAYA: Stronger quarters are envisaged for Tasco Bhd
, given improved contributions from its new warehouse and substantial tax savings recognition once investments under the integrated logistics services tax incentives are approved, says MBSB Research.
The logistics group posted a net profit of RM19.9mil for the first quarter of financial year 2026 (1Q26), up 30.68% year-on-year, thanks to stronger earnings contribution from its international business solutions (IBS) segment.
