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Higher FY20 profit seen for IOI Corp

PETALING JAYA: IOI Corp Bhd’s profitability for the financial year 2019 (FY19) is expected to be affected by lower margins due to weak crude palm oil (CPO) prices.

Affin Hwang Research sees IOI Corp earnings improving in 2020

KUALA LUMPUR: Affin Hwang Capital Research expects IOI Corporation’s FY19E profit to be affected by lower margins due to weak crude palm oil (CPO) prices.

Affin Hwang maintains Hold on SLP Resources, TP at RM1.30

KUALA LUMPUR: Affin Hwang research expects SLP Resources Bhd to report decent earnings growth of 6.5% year-on-year on higher production capacity, low resin costs and a weak ringgit.

Affin Hwang Research retains hold for Maybank

KUALA LUMPUR: Affin Hwang Capital Research is maintaining its hold call for Malayan Banking Bhd (Maybank) after a relatively unexciting first quarter but the results were within its expectations.