[%bQBA%] 
Research by TA
Hold – TP of MYR 1.15

“4QFY24 Driven by Cost Optimisation Effort” 

Although no dividend was declared during the quarter (YTD: nil), we expect SKP to declare a final dividend later, as done in previous years. Based on our dividend payout assumption of 50%, we estimate a final dividend of 3.0sen, which implies a dividend yield of 2.7% at current levels. SKP has adopted a dividend payout policy of a minimum of 50% of its net profit.

Analyst(s):
Chan Mun Chun
[%qbeZ%]

$KLSE-SKPRES 
Research by TA
Hold – TP of MYR 1.15

“4QFY24 Driven by Cost Optimisation Effort” 

Although no dividend was declared during the quarter (YTD: nil), we expect SKP to declare a final dividend later, as done in previous years. Based on our dividend payout assumption of 50%, we estimate a final dividend of 3.0sen, which implies a dividend yield of 2.7% at current levels. SKP has adopted a dividend payout policy of a minimum of 50% of its net profit.

Analyst(s):
Chan Mun Chun
mcchan@ta.com.my