Financial News Report ARMADA: Core Earnings Meet Forecasts on Efficiency, Strong Outlook Fuels Target Price Revision Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A recent investment bank research report indicates a stable financial performance, with core PATAMI for the third quarter of fiscal year 2025 (3QFY25) coming in…
Financial News Report ARMADA: Strategic Reset Positions for Stable Earnings, Outperform Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company reported a core PATAMI of RM96.2 million for the second quarter of financial year 2025 (2QFY25). While this figure represents a significant decline of 47.3% quarter-on-quarter and…
Bumi Armada’s Q1 2025 Performance: Navigating Headwinds with Strategic Focus Hello fellow investors and market enthusiasts! Today, we’re diving into the latest financial report from Bumi Armada Berhad, a prominent player in the offshore energy facilities and services sector. Their unaudited condensed consolidated financial statements for the first quarter ended 31 March 2025 have just…