PublicInvest Research

TECHNICAL BUY: PA (7225)

PublicInvest
Publish date: Mon, 14 Oct 2024, 09:43 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

PA operates across all levels of its business activities. It casts billets as an upstream activity, extrudes aluminium profiles in the midstream, and handles fabrication and surface finishing as downstream activities.

Fundamentals

The renewal of a supply contract with First Solar on 18 Jan 2024, worth up to RM1.1bn until 1 July 2025, provides stable financial prospects for the Group.

Source: PublicInvest Research - 14 Oct 2024

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