Analysts from CGS-CIMB Research, Maybank Kim Eng and UOB Kay Hian are positive on Frencken Group, with maintained “add” and “buy” calls.

The optimism on the counter comes as the group reported a strong set of results for the 2QFY2021 and 1HFY2021 ended June.

Revenue for the 2QFY2021 grew 35.4% y-o-y to $191.1 million, while 1HFY2021 revenue increased 28.3% y-o-y to $375.3 million.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook