Financial News Report CSCSTEL: Steel Producer Exceeds Earnings Expectations, Target Price Raised on Strong Cost Control Investment Bank TA SECURITIES TP (Target Price) RM1.89 (+25.8%) Last Traded RM1.50 Recommendation BUY A leading steel producer has reported core earnings for Fiscal Year 2025 (FY25) of RM71.1 million, notably exceeding full-year forecasts by 104.3%. This strong performance…
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…
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…
