External broker reports(aggregated public sources), Public Investment Bank Bhd

Public Investment Bank Bhd

External broker reports(aggregated public sources)

Public Investment Bank Berhad provides investment banking services. The Company offers corporate finance, banking, securities financing, capital market, treasury, and advisory services.

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Equity Bottom-Up

<ul><li>Magni-Tech (Magni)’s 4QFY23 headline net profit slipped 3.9% YoY to RM25.8m, mainly due to the decline in sales from its garment segment.</li><li>After adjusting for non-core items, Magni’s core net profit came in at RM27.1m.</li><li>Full-year FY23 core net profit of RM99.8m (+11.4% YoY) was in-line with expectations, accounting for 103% of our full-year estimates. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Magni-Tech (Magni)’s 4QFY23 headline net profit slipped 3.9% YoY to RM25.8m, mainly due to the decline in sales from its garment segment.After adjusting for non-core items, Magni’s core net profit came in at RM27.1m.Full-year FY23 core net profit of RM99.8m (+11.4% YoY) was in-line with expectations, accounting for 103% of our full-year estimates. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Magni-Tech Industries - In-Line with Expectations

Magni-Tech Industries Berhad - In-Line with Expectations

Malaysia

Magni-Tech Industries Berhad is an investment holding company which provides management services. Through its subsidiaries, the Company manufactures and distributes flexible plastic packaging materials, inner packaging boxes, fiberboards, cartons, and boxes for industrial and commercial uses.

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