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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.
KUALA LUMPUR: Shares in Aeon Co (M) Bhd fell in early trade Thursday after the group reported a 77% fall in its profit in the first quarter ended Jan 31, 2020.
KUALA LUMPUR: Affin Hwang Capital research has raised earnings forecasts on Sunway Real Estate Investment Trust (REIT) on lower finance costs following Bank Negara's recent rate cut.
KUALA LUMPUR: There is a strong earnings outlook for Hartalega Holdings Bhd despite having concluded a disappointing financial year, says Affin Hwang Capital research.
PETALING JAYA: Although the rubber glove sector has continued to outperform the market, it is not time to sell as a record profit year could be in the offing