$PPB / 4065 (PPB GROUP BERHAD)
Research by MIDF
Neutral - TP RM14.47

"2QFY24 Results: Below Expectation"

• Core business posted mixed results
• Wilmar recorded mixed performance
• Earnings forecast; downgrade
• Maintain NEUTRAL with a revised TP of RM14.47

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