External broker reports(aggregated public sources), Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad operates as an investment banking company. The Company provides debt and equity funding, private debt securities issuance, merger and acquisitions, initial public offerings, corporate restructuring, and stockbroking services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>SLP reported FY23 core PAT of RM11.1m (-28.3% YoY), which fell short of expectations, representing only 83% and 78% of our/consensus full-year forecasts, respectively.</li><li>The lacklustre result was primarily influenced by a triple whammy of weak consumer demand, lower ASP, and heightened costs.</li><li>We have revised down our FY25f and FY26f earnings by 4.9% and 5.2% respectively, reflecting lower ASP to account for heightened competitive pressures among converters.</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>

SLP reported FY23 core PAT of RM11.1m (-28.3% YoY), which fell short of expectations, representing only 83% and 78% of our/consensus full-year forecasts, respectively.The lacklustre result was primarily influenced by a triple whammy of weak consumer demand, lower ASP, and heightened costs.We have revised down our FY25f and FY26f earnings by 4.9% and 5.2% respectively, reflecting lower ASP to account for heightened competitive pressures among converters.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.

SLP Resources

SLP Resources - Shortfall Finish