Brahims results below expectations, says Allliance DBS Research


KUALA LUMPUR: Brahim’s Holdings results were below expectations as the profit for the second quarter ended June 30, 2014 missed estimates, says Alliance DBS Research.

It said on Wednesday the first half 2014 core earnings of the inflight caterer – whose biggest customer is Malaysia Airlines (MAS) -- were only RM7.6mil (-6% on-year) or 30% of its previous forecast, and 28% of consensus estimate.

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