1HFY6/22 results were in line at 51%/52% of our/consensus FY22F net profit forecasts. The group declared an interim DPS of 0.6 sen in 2QFY22.
We project stronger earnings delivery in 2HFY22F, in view of resilient demand for semiconductor chips and higher average crude oil prices.
Reiterate Add, with an unchanged RM1.60 SOP-based TP
Chart | Stock Name | Last | Change | Volume |
---|
Created by DNEX_THE_BEST | Mar 22, 2022
Created by DNEX_THE_BEST | Feb 16, 2022
Created by DNEX_THE_BEST | Feb 16, 2022