IGBB: Property Conglomerate Meets Expectations, Rating Downgraded to Neutral

Financial News Report IGBB: Property Conglomerate Meets Expectations, Rating Downgraded to Neutral Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Property conglomerate IGB Berhad reported its 2QFY25 net profit at RM75.3 million, a marginal 0.2% decline year-on-year and a 59.3% drop quarter-on-quarter, aligning with analyst expectations. For the first…

IGB Berhad Q1 2025 Latest Quarterly Report Analysis

IGB Berhad Navigates Q1 2025 with Robust Revenue Growth Amidst Strategic Shifts Greetings, fellow Malaysian investors! Today, we’re diving into the latest interim financial report for IGB Berhad for the first quarter ended 31 March 2025. IGB, a diversified conglomerate known for its significant presence in property investment (retail and commercial), hotels, and property development,…