Financial News Report GLOMAC: Robust Sequential Improvement Propels Developer’s Outlook, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Performance Review A leading property developer reported a core net profit of RM2.8 million for the first half of fiscal year 2026 (1HFY26), a performance that, while representing…
“`html Financial News Report GLOMAC: Property Developer Faces Sales Challenges, Rating Downgraded to Hold Key Information Summary Investment Bank TA SECURITIES TP (Target Price) RM0.33 (+7.1%) Last Traded RM0.31 Recommendation HOLD Financial analysts have adopted a more cautious stance on a property developer following recent meetings with management, citing a likely longer path to earnings…
GLOMAC BERHAD’s Latest Financials: Navigating Market Currents with Prudence Greetings, fellow investors! Today, we’re diving into the latest interim financial report for GLOMAC BERHAD, a well-known name in Malaysia’s property development scene, covering their performance for the financial year ended 30 April 2025. This report offers a glimpse into how the company is steering through…
Glomac’s FY2025: Strong Margins Drive PBT Growth Amidst Strategic Launches Glomac Berhad, a familiar and award-winning name in Malaysian property development, has just unveiled its financial results for the fourth quarter and full financial year ended 30 April 2025 (FY2025). The report paints a compelling picture of resilience and strategic growth, highlighted by a notable…