TRC: Earnings Beat on Cost Efficiency, Future Job Wins Key Amidst Rating Downgrade

Earnings Beat on Cost Efficiency, Future Job Wins Key Amidst Rating Downgrade TRC: Earnings Beat on Cost Efficiency, Future Job Wins Key Amidst Rating Downgrade Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Core earnings for 1HFY25 significantly surpassed both TA Securities’ and consensus full-year expectations, primarily driven by…