KUALA LUMPUR: JF Apex Research expects Dufu Techonology Corp Bhd, KLCCP Stapled Group, AT SYSTEMATIZATION BHD, MCE Holdings Bhd, NESTLE (M) BHD, Tasek Corp Bhd and Ikhmas Jaya Group Bhd to be among the stocks to watch on Wednesday.
Dufu Techonology’s 1QFY20 net profit more than tripled to RM14.14mil from RM4.17mil a year earlier, on higher revenue and unrealized forex gain, as a result of the stronger US dollar.
KLCCP Stapled has reported a 3.85% year-on-year decline in its 1QFY20 net profit, due to the negative impact in its hotel segment.
AT Systematization, through its wholly-owned unit AT Precision Tooling Sdn Bhd, has signed a memorandum of understanding (MoU) with Shanghai JieNaXin Mech & Elec Equipment Co Ltd (JNX) to ease the shortage of three-ply face masks.
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