[%Couk%] 
Research by TA
BUY – TP RM2.11

"Steady Performance”

Stripping off the exceptional items amounting to RM4.1mn, Mah Sing’s 1H24 core net profit of RM115.6mn (+15% YoY) came in within expectations, accounting for 52% and 48% of ours and consensus’ full-year forecasts, respectively. 

Analyst:
Li Hsia Wong 
[%tNhu%]

$KLSE-MAHSING 
Research by TA
BUY – TP RM2.11

"Steady Performance”

Stripping off the exceptional items amounting to RM4.1mn, Mah Sing’s 1H24 core net profit of RM115.6mn (+15% YoY) came in within expectations, accounting for 52% and 48% of ours and consensus’ full-year forecasts, respectively. 

Analyst:
Li Hsia Wong 
liwong@ta.com.my