[%zrYF%] 
Research by Malacca Securities
Hold (from Buy) - TP of RM1.49

"Steady Earnings Momentum To End FY23"

Within expectations. In 4QFY23, OSK Holdings Berhad (OSK) recorded core PATMI of RM97.8m (-20.5% QoQ, -19.4% YoY), bringing the sum of the core PATMI for  FY23 to RM467.0m (+9.3% YoY). The core PATMI came in within expectations, accounting to 96.5% and 97.1% of ours and consensus estimates. OSK announced  4.0 sen dividend for the quarter, translating to 7.0 sen (FY22: 6.0 sen) for FY23.

Analyst(s):
Loui Low
[%KZKR%]

$KLSE-OSK 
Research by Malacca Securities
Hold (from Buy) - TP of RM1.49

"Steady Earnings Momentum To End FY23"

Within expectations. In 4QFY23, OSK Holdings Berhad (OSK) recorded core PATMI of RM97.8m (-20.5% QoQ, -19.4% YoY), bringing the sum of the core PATMI for  FY23 to RM467.0m (+9.3% YoY). The core PATMI came in within expectations, accounting to 96.5% and 97.1% of ours and consensus estimates. OSK announced  4.0 sen dividend for the quarter, translating to 7.0 sen (FY22: 6.0 sen) for FY23.

Analyst(s):
Loui Low
louilow@msec.com.my