Hartalega (HART MK): Outlook Remains Glum; Keep SELL
Hartalega: Outlook Remains Glum; Keep SELL RHB 6 August 2025 Shariah Compliant Malaysia Results Review Consumer Cyclical | Rubber Products Hartalega (HART MK): Outlook Remains Glum; Keep SELL Maintain SELL, new DCF-derived TP of MYR1.14 from MYR1.33, 14% downside. Hartalega reported a 1QFY26 (Mar) core net profit of MYR8.3m, below our and consensus estimate. Although…
