PETALING JAYA: Analysts have downgraded Sam Engineering and Equipment
(M) Bhd and cut their earnings forecasts after the group reported a weaker set of results for its second quarter ended Sept 30, 2025 (2Q26).
Hong Leong Investment Bank (HLIB) Research noted that SAM Engineering’s 2Q26 core profit after tax fell 44% year-on-year to RM13mil, bringing first-half core earnings to RM27mil – just 30% and 31% of its and consensus full-year estimates.
