[%BfAp%] 
Research by Mplus
Buy – TP of MYR 2.70

“Ended FY24 On A Solid Tone” 

Ended FY24 within expectations. In 4QFY24, ASIAFLE recorded core PATMI of RM15.4m (+12.1% QoQ, +65.0% YoY), bringing the core PATMI to RM52.1m (+64.6% YoY) for FY24. The core PATMI came in within expectations, accounting to 102.8% of our forecast (consensus forecast stood at RM39.4m).

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

$KLSE-ASIAFLE 
Research by Mplus
Buy – TP of MYR 2.70

“Ended FY24 On A Solid Tone” 

Ended FY24 within expectations. In 4QFY24, ASIAFLE recorded core PATMI of RM15.4m (+12.1% QoQ, +65.0% YoY), bringing the core PATMI to RM52.1m (+64.6% YoY) for FY24. The core PATMI came in within expectations, accounting to 102.8% of our forecast (consensus forecast stood at RM39.4m).

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

$ASIAFLE / 7129 (ASIA FILE CORPORATION BHD)