Equity Analysis /
Malaysia

MY : IJM Corp Bhd - Renewed prospects post IJM Plantations

    Sharizan Rosely
    Sharizan Rosely

    Construction and Infrastructure

    CGS-CIMB
    30 November 2021
    Published by

    1HFY22 results were below expectations; core net profit fell 92% yoy. Overall performance was hit by losses for highways and weak billings. Contract flows outlook has improved; Add retained with higher TP.