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Abath Research

Month: August 2019

Investment Ideas

Carimin – 4Q19 results review

4Q19 core earnings 30% ahead of our forecasts Carimin recorded headline earnings of RM9.7m which reversed a loss of RM15.9m in the same period last year. On a qoq basis, headline earnings were up nearly 356% from a RM2.1m base. But to get a better understanding of the numbers, lets strip out the one-offs and … Continue reading Carimin – 4Q19 results review

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