$IOICORP / 1961 (IOI CORPORATION BERHAD)
Research by MIDF
BUY – TP RM4.50

"The Outlook Remains Promising”
• Upstream; FFB and CPO production remain intact
• Downstream profitability bounces stronger
• Earnings estimates; maintained
• Maintain BUY call with an unchanged TP of RM4.50

Analyst:
MIDF Research Team
research@midf.com.my