PETALING JAYA: Stronger margins and improving profitability have reinforced confidence in MyNews Holdings Bhd’s growth prospects, with research houses turning more bullish on the stock.
CGS International Research (CGSI Research) said MyNews’ core net profit for the nine months ended July 31, (9M25), rose to RM12.6mil, meeting 85% of its forecast and 75% of Bloomberg consensus’ estimates for the financial year ending Oct 31, 2025 (FY25).
