$ELSOFT / 0090 (ELSOFT RESEARCH BERHAD)
Research by TA
Hold - TP of RM0.59
"Still Dragged by Soft Demand"
Despite ongoing market uncertainties, the group is looking forward to seeing a recovery in 2024. We expect earnings to improve especially in 2H2024, alongside an anticipated recovery in the global demand for semiconductor.
Analyst(s):
Chan Mun Chun
mcchan@ta.com.my