Kimlun's 4Q net profit up 13%, plans 6.5 sen dividend
KUALA LUMPUR (Feb 28): Higher profit contribution from the manufacturing, construction and trading divisions lifted Kimlun Corp Bhd’s net profit by 13% to RM24.
KUALA LUMPUR (Feb 28): Higher profit contribution from the manufacturing, construction and trading divisions lifted Kimlun Corp Bhd’s net profit by 13% to RM24.
Maintain outperform with an unchanged target price (TP) of RM2.
Eversendai Corp Bhd (Sept 6, 47 sen) Maintain outperform call with a lower target price of 63 sen: We attended Eversendai Corp Bhd’s briefing and came away feeling “neutral” on its outlook.
KUALA LUMPUR (May 4): Kimlun Corp Bhd has won a construction contract worth RM165.
KUALA LUMPUR (April 28): Kimlun Corp Bhd has received a RM98.
KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.