$CSCSTEL / 5094 (CSC STEEL HOLDINGS BERHAD)
Research by TA
Hold - Target Price RM1,18
"Driven by Higher Sales Volume"
CSCSTEL’s 1QFY23 core profit of RM15.7mn came in above expectations, accounting for 37.2% of our full-year estimate. The positive variance was mainly due to stronger-than-expected sales volume.
Analyst:
Chan Mun Chun
mcchan@ta.com.my