SINGAPORE (Aug 18): NRA Capital is keeping its “overweight” rating on Serial System with an unchanged fair value of 20 cents.
In a Thursday report, analyst Liu Jinshu says he is “encouraged” by the electronics components distributor’s return to profitability driven by a 22% jump in 2Q revenue from a year ago.
(See Serial System’s earnings plunge 31% in 2Q to US$3.3 mil)
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)