Better 2H ahead. 1HFY12/10 net profit came in at only 25% of our fullyear forecast. However, we consider the results within our expectation as we expect: (1) Stronger quarters ahead against a backdrop of an improving global economy; and (2) Huge interest savings from 2H onwards upon the completion of the disposal of its Malaysian business.
Integrated Logistics Berhad : Back In The Black In 1HFY12/10 - 17/08/2010
No comments:
Post a Comment