Advertisements

4Q21F numbers likely to be stronger

■ 9M21 core earnings came in below expectations, down 32% yoy as higher tax offset the impact of stronger sales, and lower losses at joint ventures.
■ 9M21 new property sales stood at RM1.93bn, representing 80% of its FY21 sales target of RM2.4bn. Reiterate Add.

Advertisements