IOICORP: Strong Downstream Performance Drives Earnings Beat, Neutral Rating Maintained
Investment Bank Research Report Analysis IOICORP: Strong Downstream Performance Drives Earnings Beat, Neutral Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company initiated the first quarter of fiscal year 2026 with a core profit of RM368 million, marking a significant 22% year-on-year increase. This performance surpassed…