PETALING JAYA: Aurelius Technologies Bhd’s (ATech) growth prospects will be supported by its capacity expansion, says Maybank Investment Bank (Maybank IB) Research.
The tech company recently posted a core net profit (CNP) of RM41.2mil for the financial year 2023 (FY23), which surged 71% year-on-year (y-o-y) on lower-than-expected tax.
This exceeded both Maybank IB Research’s and consensus estimates by 5%.
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