Japfa
Price target:
CGS-CIMB “add” $1.22
UOB Kay Hian “buy” $1.17

Spreading its eggs in several baskets

Analysts are upbeat on Japfa following its 1QFY2021 ended March results, which saw a 37% y-o-y increase in earnings to US$35.5 million ($47.5 million) due to growth across all segments.

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