Cahya Mata Sarawak’s (CMS) results positively surprised on strong cement earnings. Maybank Investment Bank (Maybank IB) said today (Feb 27) that CMS’ FY23 core net profit (CNP) was 14% above estimates, and 5% above consensus. Maybank IB made just marginal tweaks to their FY24-25 CNP forecasts, as they remain cautious on the phosphate ops which […]
Cahya Mata Sarawak’s (CMS) results positively surprised on strong cement earnings. Maybank Investment Bank (Maybank IB) said today (Feb 27) that CMS’ FY23 core net profit (CNP) was 14% above estimates, and 5% above consensus. Maybank IB made just marginal tweaks to their FY24-25 CNP forecasts, as they remain cautious on the phosphate ops which […]