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$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

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