SINGAPORE (Aug 13): Tayrona Financial, formerly known as NRA Capital, is keeping its “overweight” call on ISDN Holdings with an unchanged fair value estimate of 32 cents, translating to an upside of close to 49% from its current trading price.
This comes after the precision motion control and integrated engineering solutions provider reported a 62.1% rise in earnings to $4.9 million for the 2Q18 ended June, compared to $3.0 million a year ago.
2Q18 revenue grew 11.0% to $85.9 million, from $77.4 million a year ago.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
