Stellar Q1 results

TheStar Tue, May 25, 2021 07:20am - 2 years View Original


MIDF head of research Imran Yassin Md Yusof (pic) said in general, corporate earnings for Q1 of 2021 will be better than Q1 of 2020.

PETALING JAYA: The battle against the Covid-19 pandemic is still ongoing with no end in sight yet as Malaysia heads back into a strict movement control order (MCO 3.0), though not as restrictive as last year.

As most economic sectors remain open with strict standard operating procedures (SOPs) in place, one thing that is certain is the lows of the second quarter (Q2) of 2020 will not happen again.

The financial results for Q1 of 2021 that are now starting to trickle in on Bursa Malaysia are pointing towards a positive recovery, some of which may even surpass expectations.

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