$SCOMNET / 0001 (SUPERCOMNET TECHNOLOGIES BERHAD)
Research by TA
Buy - TP RM1.73

"Poised for More Growth"

Post Supercomnet’s 2Q24 investors briefing, we reiterate our Buy recommendation with an unchanged target price of RM1.73. We believe the group is poised for more growth in 2H24, driven by medical and automotive segments. In our forecast, we project FY24 net profit to grow by 31.9% to RM39.2mn.

Analyst:
Tan Kong Jin
kjtan@ta.com.my