Financial News Report ANNJOO: Earnings Underperform Expectations Amid Persistent Margin Pressure Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY An investment bank research report reveals a challenging financial period, with a company reporting a 9MFY25 core net loss that significantly exceeded analyst expectations. The underperformance was primarily attributed to…
Wider-Than-Expected Loss on Subdued ASP, BUY Rating Maintained ANNJOO: Wider-Than-Expected Loss on Subdued ASP, BUY Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Ann Joo Resources Berhad reported a core net loss of RM147.1mn for the first half of fiscal year 2025 (IHFY25), significantly exceeding both TA…
Another quarter, another look into the performance of Malaysia’s steel industry stalwart, Ann Joo Resources Berhad. Today, we’re diving deep into their unaudited condensed consolidated interim financial statements for the first quarter ended 31 March 2025 (1Q2025). While the headline numbers might suggest a challenging period, a closer look reveals a company actively navigating headwinds…