OSK Holdings - An Emerging Force in Private Credit Market
We remain positive on the group’s prospects, particularly due to the strong growth in capital financing, which recorded a PBT of RM26.1m in 1Q24,...
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OSK Holdings - Solid Start for FY24
OSK reported 1Q24 core PATAMI of RM122.8m (+26.7% QoQ; +6.4% YoY). The results were within our expectation, making up 26.4% of our full-year forecast.
417 Views
TRC Synergy - Below Par Start
Unbilled orderbook is decent at RM850m (1.8x cover). With infrastructure projects expected to materialise in 2024, TRC could be a beneficiary of...
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Hektar REIT - Impacted by Higher Costs
Hektar’s 1Q24 core net profit came in at RM5.1m (+1.4x QoQ, -44.8% YoY). This came in below ours and consensus estimates at 16% of full year forecast.
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SAM Engineering & Equipment - Ended with a Bang
SAMEE reported FY24 core earnings of RM108m (+27% YoY) which beat expectations thanks to stronger-than-expected EBITDA margin.
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