VELESTO: Cost Management Drives Earnings Beat Amidst Softer Utilization, Target Price Revised Upward
Financial News Report VELESTO: Cost Management Drives Earnings Beat Amidst Softer Utilization, Target Price Revised Upward Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Velesto Energy Bhd (VELESTO) delivered first-half FY25 results that significantly surpassed expectations, with performance coming in 59% above TA Securities’ forecast and 67% higher than…