Longer working period forecast to enhance MBM 2Q profit

Analysts remain positive on MBM’s prospects, citing strong earnings visibility and an attractive dividend yield.

PETALING JAYA: Despite recently posting its seasonally weakest quarter, analysts anticipate earnings for MBM Resources Bhd to bounce back in the group’s second quarter of financial year 2026 (2Q26).

“We expect earnings to recover strongly in 2Q26 on a longer working quarter leading with Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) strong April sales boost expected to rise by 17% year-on-year (y-o-y),” Kenanga Research said.