$GENP / 2291 (GENTING PLANTATIONS BERHAD)
Research by MIDF
BUY – TP RM6.10

"Performance Remains Intact”

• Higher CPO selling price in line with industry average
• Downstream profit reversed to black
• Earnings estimates; maintain
• Upgrade to BUY with an unchanged TP of RM6.10

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