CGS-CIMB Research analyst Ong Kang Chuen has maintained his “add” call and an unchanged target price of $1.90 on BRC Asia after it saw a reversal from its net loss a year ago. 

The company reported 3QFY2021 net profit of $10.2 million, a 6.7% increase q-o-q and in contrast to the $2.5 million net loss in 3QFY2020.

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