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Tasco’s 4Q Earning Comes In Below Expectations

Business Today LogoBusiness Today23h ago

Tasco’s 4Q Earning Comes In Below Expectations - Business Today

Quick Summary:

While revenue met expectations, Tasco Berhad’s 4QFY25 core PATAMI fell short of the forecast due to a higher-than-expected effective tax rate.

MIDF holds the firm’s forward earnings for now.

However, the target price was revised to RM0.72 (from RM0.92), based on a lower PER of 11x (from 14x), which reflects a -0.


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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 04:37:03 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28328083

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Official Website: businesstoday.com.my

Update Frequency: 12 posts per day

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News Last Updated: 14 hours ago

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  • URL: https://apeiron.beamstart.com/news/tascos-4q-earning-comes-in-17462495531807

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