SINGAPORE (May 19): CGS-CIMB analyst Lock Mun Yee is keeping her “add” call on Propnex but with a lowered target price of 62.5 cents from 69.8 cents previously.

This came on the back of the company releasing its 1Q20 results, which saw earnings surge 278.8% to $7.6 million from just $2.0 million in 1Q19.

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