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KUALA LUMPUR: Powerwell Holdings Bhd is expected to deliver robust earnings growth over the next few years, underpinned by rising demand from data centres and renewable energy projects.
Affin Hwang Investment Bank Bhd said the electrical power distribution specialist is projected to record a 21 per cent compound annual growth rate (CAGR) in core earnings from the financial year 2025 to 2028 on the back of higher revenue and a stable earnings before interest and tax margin.
PETALING JAYA: MBSB Research is maintaining its “buy” recommendation on YTL Corp Bhd with a revised target price of RM3.44 from RM3.26 previously, after incorporating its new target prices for YTL Power International Bhd and Malayan Cement Bhd.
In a report, the research house said it continues to like YTL Corp as the company is well-positioned to ride the infrastructure upcycle, as well as its strategic venture into data centres (DCs) and renewable energy via its utilities division
KUALA LUMPUR (April 28): Rising polymer prices are unlikely to hurt Southern Cable Group Bhd’s (KL:SCGBHD) earnings amid expected contract repricing, said Kenanga Investment Bank.
In a research note on Tuesday, the research house said Southern Cable has secured sufficient supply of polymer — a key raw material for cable production — at pre-spike prices to support deliveries until July, which helps to reduce short-term margin pressure.
