PETALING JAYA: LGMS Bhd
’s near-term performance will likely depend on greater product awareness and the pace of regulatory enforcement, even though the sector’s long-term outlook remains favourable.
Given the early stage of market development and the gradual roll-out of compliance requirements, Kenanga Research maintained a measured view on LGMS’ short-term growth trajectory. It revised downward its financial year 2025 (FY25)/FY26 net profit forecasts by 21% and 14%, respectively, alongside a 14% and 13% cut in revenue, to account for the weaker first half of FY25 performance and more conservative growth assumptions in FY26.
