Trading ideas: PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP

TheStar Tue, Feb 27, 2024 08:49am - 2 months View Original


KUALA LUMPUR: Investors could take note of recent developments in PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP, said APex Securities Research.

Petronas Chemicals Group Bhd’s (PetChem) net profit for the financial year ended Dec 31, 2023 slumped 73% to RM1.69 billion from RM6.32 billion.

Petronas Dagangan Bhd (PetDag)’s net profit for the three months ended Dec 31, 2023 rose 25% to RM180.81 million compared to RM144.46 million last year.

United Plantations Bhd has declared a final dividend of 70 sen per share, along with a special dividend of 40 sen per share, for the financial year ended Dec 31, 2023 (FY2023), as annual net profit jumped to a new record high of RM711 million.

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