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PETALING JAYA: Bumi Armada Bhd’s valuations at six times the financial year 2021 (FY21) price-to-earnings ratio compared to the FBM KLCI’s 17 times currently may be “unjustified”, given the significant improvement in its core earnings since stabilising Armada Kraken’s operations.
KUALA LUMPUR: Kenanga Research is hopeful of better earnings for MISC Bhd in the second half of its financial year in anticipation of increased global oil production, off the back of a weaker first quarter.
KUALA LUMPUR: RHB Research anticipates further normalisation of shopper traffic for Pavilion REIT, leading to better earnings in the second half of the year and beyond.
STOCKHOLM (Reuters) -Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a patent fight with Samsung Electronics.
LSS4 project has potential to boost net profit by 13%