PETALING JAYA: Increased demand from local oil and gas (O&G) projects and exports should follow solid profit for Pantech Group Holdings Bhd
’s fourth quarter results ended Feb 28, 2024 (4Q24), according to TA Research.
With Pantech releasing its 4Q24 results this month, the research house expects its profit to improve quarter-on-quarter to between RM24mil and RM28mil (3Q24: RM20.4mil).
This represents 25% to 29% of its full-year forecast, TA Research added.
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