Affin Hwang Capital raises target price for Scientex to RM10.50

Affin Hwang Capital raises target price for Scientex to RM10.50

The Edge Markets - Malaysia·2019-09-27 08:46

KUALA LUMPUR (Sept 27): Affin Hwang Capital Research has maintained its “Buy” rating on Scientex Bhd at RM8.89 with a higher target price of RM10.50 (from RM9.90) and said Scientex reported a surprisingly strong set of results: FY19 core net profit expanded by 24% to RM353 million on better performance from both its property and manufacturing segments.

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