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KUALA LUMPUR: Affin Hwang Capital research believes the overall profitability of Tenaga Nasional Bhd remains relatively unchanged despite an expected contraction in demand, owing to the guaranteed demand growth of the revenue-cap entities.
PETALING JAYA: Press Metal Aluminium Holdings Bhd’s low-cost business structure would further strengthen after it gains economies of scale through ongoing expansion in Samalaju, Sarawak and Indonesia
KUALA LUMPUR: Low discretionary spending will continue to impact the automotive sector despite the government's sales tax exemption for vehicles this year, says Affin Hwang Capital research.
PETALING JAYA: The government has shifted its gear to take on the steep uphill ride in rebooting the economy that has been brought to a halt by the coronavirus (Covid-19) pandemic.
Job flows deemed slow despite easing of MCO
KUALA LUMUR: Affin Hwang Capital research has maintained its "underweight" call on the banking sector as it expects a deterioration in earnings moving forward.
PETALING JAYA: The outlook for MSM Malaysia Holdings Bhd is expected to remain challenging, as the lower demand for refined sugar in an overcapacity industry will take a longer time for the group to turn around its business from a loss position.
PETALING JAYA: Despite lower earnings, the outlook still looks bright for Sunway Bhd, premised on the group’s improving unbilled sales and robust outstanding order book.
KUALA LUMPUR: Affin Hwang Capital research has cut its 2020-2022 earnings forecasts on Sunway Bhd as its recent results showed that earnings contracted faster than anticipated.
KUALA LUMPUR: Shares in Supermax Corp Bhd surged to its highest in at least ten years after reporting that its net profit doubled in the third quarter ended March 31 amid overwhelming glove demand.