Stronger earnings prospects seen for Success Transformer
Success Electronics & Transformer Manufacturer Sdn Bhd, a wholly owned subsidiary of the group.
KUALA LUMPUR: CIMB Equities Research has maintained its positive outlook on Success Transformer Corp Bhd 
(STC) as it expects stronger earnings prospects ahead, mainly supported by the roll-out of street lighting projects locally.
The research unit, in its latest report, expects the company’s 65%-owned Seremban Engineering Bhd (SEB) to break even in its financial year 2020 (FY2020) forecast (FY20F).
“We reiterate our positive view on STC after a recent meeting with the company.
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