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

MIDF Amanah Investment Bank Bhd

External broker reports(aggregated public sources)

MIDF Group is a financial services provider in three core business areas: investment banking, development finance and asset management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>FY23 core PATANCI beat expectations  Better dividend, yet below expected</li><li>Lower input costs lifted 4QFY23 earnings Stronger bottom line in FY23 mainly boosted by robust sales and lower costs</li><li>Raised FY24-25F earnings forecast and introduced FY26F Maintain BUY with a revised TP of RM0.99 (from RM0.98)</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>

FY23 core PATANCI beat expectations  Better dividend, yet below expectedLower input costs lifted 4QFY23 earnings Stronger bottom line in FY23 mainly boosted by robust sales and lower costsRaised FY24-25F earnings forecast and introduced FY26F Maintain BUY with a revised TP of RM0.99 (from RM0.98)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.

Hup Seng Industries Berhad - Reduced Input Costs; Improved Margin

Malaysia

Hup Seng Industries Bhd is an investment holding company. Through its subsidiaries, the Company manufactures, sells, and distributes biscuits, confectioneries, and other foodstuffs.

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Hup Seng Industries (HSI MK)

Hup Seng Industries Berhad - Reduced Input Costs; Improved Margin

tronger bottom line in FY23 mainly boosted by robust sales and lower costs. Raised FY24-25F earnings forecast and introduced FY26F . Maintain BUY...

MIDF Amanah Investment Bank Bhd

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