Analyst Research Report Snapshot

Title:

Results Note – Hiap Teck (ADD, maintain) - Higher volume offset by lower ASP

Price:

$23.00

Provider:

Affin Investment Bank

Date:

27 Jun 2013

Pages:

3

Type:

AcrobatPDF

Companies referenced:

HTVE.KL

Available for Immediate Download
Summary:

3QFY07/13 earnings came in within expectation Annualised, Hiap Teck’s 9MFY07/13 core net profit of RM11.9m (-27% yoy) came in within our and street expectation accounting for 71% of our full year forecast and consensus estimates. As expected, no dividend was declared during the quarter (3QFY12: nil).

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