LAGENDA: Early-Stage Project Recognition Drags Earnings Below Forecasts Despite Record Sales

Financial News Report LAGENDA: Early-Stage Project Recognition Drags Earnings Below Forecasts Despite Record Sales Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Performance Review A prominent property developer’s core earnings for the first half of 2025 (6M25) registered RM88 million, marking a 4% year-on-year decline and falling significantly below…

Lagenda Properties Q1 2025 Latest Quarterly Report Analysis

Hello, fellow investors and property enthusiasts! Today, we’re diving deep into the latest financial performance of Lagenda Properties Berhad, a name synonymous with affordable housing and integrated townships in Malaysia. Their First Quarter Fiscal Year 2025 (Q1 FY2025) report, released on May 27, 2025, paints a picture of robust growth and strategic expansion. Get ready…