$PTRANS / 0186 (PERAK TRANSIT BERHAD)
Research by TA
BUY – TP RM1.03

" Persistent Rental Growth”

Perak Transit’s (Ptrans) 1H24 core profit of RM35.4mn was in line with ours and consensus estimates at 51% and 48% of full-year forecast respectively. The company declared a third interim dividend of 0.5sen/share, which will go the ex-dividend on 29 Oct 2024.

Analyst:
Tan Kam Meng,
kmtan@ta.com.my

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