CSCSTEL: Earnings Outperform on Strong Margins, Investment Bank Raises Target Price

Earnings Outperform on Strong Margins, Target Price Raised CSCSTEL: Earnings Outperform on Strong Margins, Investment Bank Raises Target Price Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Core earnings for the first nine months of fiscal year 2025 (9MFY25) significantly outperformed expectations, driven by robust margin expansion. This strong…

CSCSTEL: Core Earnings Outperform on Cost Controls, Investment Bank Upgrades Recommendation

Investment Bank Research Summary CSCSTEL: Core Earnings Outperform on Cost Controls, Investment Bank Upgrades Recommendation Investment Bank TA SECURITIES TP (Target Price) RM1.23 (+16.0%) Last Traded RM1.06 Recommendation BUY A prominent steel sector player’s core earnings for the first half of fiscal year 2025 (1HFY25) largely met analysts’ expectations, reaching RM27.6 million, or 54.6% of…