Magni-Tech Industries Berhad released its unaudited consolidated financial statements for the first quarter of fiscal year 2026 (Q1-FYR 2026), ended July 31, 2025. The report reveals a decline in overall performance, although strong performances in certain business segments partially offset the negative impact. Key Financial Highlights Q1 Fiscal Year 2026 Revenue: RM 377,605,000, a 13.7%…
Magni-Tech Industries Berhad Navigates Headwinds: A Closer Look at Q1-FYR 2026 Performance Navigating the currents of a dynamic global economy, Malaysian manufacturing giant Magni-Tech Industries Berhad (MTH) has just released its financial results for the first quarter ended 31 July 2025 (Q1-FYR 2026). This report offers a crucial glimpse into the company’s performance amidst ongoing…
Financial News Update MFCB: Operational Improvements Set to Drive Stronger Second Half, Analysts Maintain Positive Outlook Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A prominent Malaysian conglomerate is poised for a significant rebound in the second half of the fiscal year, driven by robust performance in its Renewable…
“`html Financial News Update TENAGA: Underlying Growth Prospects Intact Amidst Tax Headwinds, Buy Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM15.80 (+20.6%) Last Traded RM13.10 Recommendation BUY TA Securities has maintained its Buy recommendation, despite tweaking the target price lower to RM15.80 from RM17.30 previously. The adjustment follows earnings revisions due to higher…
Financial News Article SLVEST: Solar Sector Player Secures Major Contract, Bolsters Outlook Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading solar energy solutions provider has significantly strengthened its market position and future outlook by securing a key contract under the Large Scale Solar PETRA 5+ (LSS5+) program….
Financial News Report INTA: Order Book Strengthened by Latest Contract, Buy Recommendation Sustained Investment Bank TA SECURITIES TP (Target Price) RM0.76 (+76.7%) Last Traded RM0.43 Recommendation BUY A recent significant contract award has solidified Inta Bina Group Berhad’s order book and provided strong earnings visibility, leading a local investment bank to reiterate its “BUY” recommendation…
“`html Financial News Update MALAKOF: Consortium Shortlisted for 470MWac Solar Plant, Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A consortium has been shortlisted by the Energy Commission to undertake the development of a 470MWac Large Scale Solar (LSS) plant in Larut and Matang, Perak. This development…
“`html Financial News Update MAGNI: Market Headwinds Dampen Quarterly Performance, Cost Controls Aid Packaging Segment Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company reported a challenging first quarter for fiscal year 2026, with core net profit declining 14.9% year-on-year to RM37.9 million, after accounting for a foreign…
Financial News Update AMINVEST: Financial Performance In Line Amid Cost Efficiencies and Export Recovery Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Power Root Berhad delivered a core net profit of RM7.8 million for the first quarter of FY26, which was broadly in line with AmInvestment Bank’s and consensus…
“`html Financial News Report SLVEST: Renewable Energy Player Secures Landmark Project, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM3.36 (+41.8%) Last Traded RM2.37 Recommendation BUY A leading renewable energy player has secured a significant project under the LSS PETRA 5+ (LSS5+) programme, prompting PhillipCapital to raise its target price and reiterate a…
