热门标签

TRC换ERC(www.u2u.it):Sime Darby's earnings to stay resilient amid challenges

时间:1个月前   阅读:5   评论:1

皇冠APP下载www.hg108.vip)是一个开放皇冠即时比分、皇冠官网注册的平台。皇冠注册平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

KUALA LUMPUR: RHB Research said Sime Darby Bhd's FY22 earnings came in better than forecast as both motor and industrial business segments outperformed its expectations.

For the recently concluded financial year, Sime Darby's profit came in at RM1.2bil, which beat RHB's and street's forecasts at 109% and 106% of full-year estimates respectively, on the back of stronger-than-expected margins.

"Even amidst macroeconomic challenges in the recent months, Sime’s motor and industrial segments have fared well, which we expect to continue into the future," said the research firm in a results report.

Moving forward, RHB said it expects the China motor sales to weather through the various lockdowns, as it did in 4QFY22.

In Australasia, the industrial segment should remain resilient despite softening MET coal prices as miners head to the service workshops, where they earn higher margins than from new mining equipment sales.

"We marginally lift FY23F earnings by 1% and introduce FY25F net profit of MYR1.47bil, implying 6% YoY growth. We lift FY23F-FY24F DPS to 12-12.5 sen from 10 sen each," it said.

RHB added there could also be an additional 12 sen dividend in FY23 if Sime Darby distributes half of the Weifang Port disposal proceeds of RM1.62bil as special dividends, bringing total yeild to 10.4%.

Proceeds from the potential healthcare asset disposal could also provide further upside to FY23 dividend and yield, it added.

,

ERC换TRC,TRC换ERCwww.u2u.it)是最高效的ERC换TRC,TRC换ERC的平台.ERC20 USDT换TRC20 USDT,TRC20 USDT换ERC20 USDT链上匿名完成,手续费低。

,

For FY25, it forecast a dividend per share of 13 sen.

Reiterating its "buy" call on the counter, RHB rolled forward its valuation to FY23 and raised its target price to RM2.75 from RM2.60 previously.

Meanwhile, Hong Leong Investment Bank (HLIB) Research said Sime Darby will continue to leverage the strong momentum of its industrial segment in FY23, driven by mining in Australia and construction in Malaysia, Singapore and Australia.

"Expect earnings to sustain in FY23, underpinned by the record high order book of RM4.4bil.

"Majority of the order book is anchored by Australia mining sector due to the continued highly profitable coal prices, while margins are expected remain strong as management has seen pick-up in the demand for maintenance and overhaul services, while margins normalise on the costing of parts for the year.

"Demand for construction equipment has also picked up in Australia, Malaysia and Singapore, while China market is expected to remain weak in FY23," it said in its review.

It forecast a dividend yield of 7% following completion of the disposal of Weifang Ports.

The broker maintained its "buy" recommendation with a higher target price of RM2.76, from RM2.60 previously.


转载说明:本文转载自Sunbet。

上一篇:打三公有包赢的方法吗(www.eth108.vip)

下一篇:皇冠最新网址:联博(www.326681.com)_A股收盘:深证区块链50指数下跌0.51%

网友评论

  • 2022-11-02 00:36:54

    警方介绍,2000年7月24日,从事硫磺供应工作的李某某在渝中区菜园坝某宾馆客房内被人杀害。案发后,渝中警方立即启动命案侦破工作机制,赶赴现场勘验、走访,深入排查,但由于受当时线索短缺,刑侦技术、追逃手段等条件限制,案件悬而未决,一直未能取得突破性进展。读者小伙伴在哪里