More Upside Seen for Sasbadi

Cheah King Yoong, Analyst, AllianceDBS Research

31-Mar-17 09:20

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Despite a traditionally weak quarter, Sasbadi registered core earnings of RM4.3m in Q1'17 boosted by contribution from its Lego Education and network marketing segment. Further upside is seen from potential earnings-accretive M&As and further contract awards.

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Tags: Malaysia equities, Sasbadi, earnings, network marketing, Lego

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