Tag: PETGAS

Financial News Article PETGAS: Robust Performance Exceeds Expectations on Strong Cost Control Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A prominent industrial solutions provider recently announced its latest quarterly financial results, significantly surpassing market expectations. The strong performance was primarily driven by robust cost efficiencies and diligent operational…

Financial News Report PETGAS: Financial Performance Meets Forecasts Despite Tariff Headwinds, Buy Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A major utility group’s nine-month financial performance for FY25 came in largely within expectations, despite facing headwinds from new tariff structures. The group reported a core net…

Utilities Firm Exceeds Expectations on Cost Control, Target Price Raised PETGAS: Utilities Firm Exceeds Expectations on Cost Control, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM20.58 (+8.3%) Last Traded RM19.00 Recommendation BUY Petronas Gas Berhad’s (PETGAS) IHFY25 core net profit of RM912.6 million, despite a 2.7% year-on-year decline, aligned with both TA…