Harvest Recovery Propels United Malacca's Earnings
Harvest Recovery Propels United Malacca's Earnings
Kenanga maintains its FY25-26 core net profit forecasts of RM70.9m and RM79m respectively, citing risk factors typically faced by the sector such as adverse weather, softer commodity prices and rising cost of labour, fertiliser and fuel.United Malacca Bhd (UMCCA)'s results for the quarter ended July 31, 2024 (1QFY25) came in within expectations.
馬六甲聯合有限公司（UMCCA）截至2024年7月31日的季度業績（1QFY25）符合預期。
The group's quarterly revenue amounted to RM163.9m, compared to RM136m a year ago, and its core net profit of RM31m for the quarter rose due to strong Malaysian harvest recovery, firm CPO prices and low cost that offset unusually poor Indonesian yields.
該集團的季度收入爲16390萬令吉，而去年同期爲13600萬令吉，該季度的核心淨利潤爲3100萬令吉，這要歸因於馬來西亞強勁的收成復甦、穩定的CPO價格和低廉的成本抵消了印尼異常糟糕的收益率。
FY25-26 earnings outlook still appears positive, at RM610.2m and RM646.9m, as CPO prices continue to hold and Indonesian yields to recover eventually.
由於CPO價格繼續保持不變，印尼收益率最終將回升，FY25-26 的收益前景仍然樂觀，分別爲61020萬令吉和64690萬令吉。
Kenanga maintains its FY25-26 core net profit forecasts of RM70.9m and RM79m respectively, citing risk factors typically faced by the sector such as adverse weather, softer commodity prices and rising cost of labour, fertiliser and fuel.
Kenanga維持其分別爲7090萬令吉和7900萬令吉的 FY25-26 核心淨利潤預測，理由是該行業通常面臨的風險因素，例如惡劣的天氣、大宗商品價格疲軟以及勞動力、化肥和燃料成本上漲。
Analysts maintain their OUTPERFORM call at a target price of RM6.00. As at 12:00 noon on Friday, UMCCA stock traded at RM5.12. (Google-hosted Bursa updates)
分析師維持其跑贏大盤的看漲期權，目標價爲6.00令吉。截至週五中午12點，UMCCA的股票交易價格爲5.12令吉。（谷歌託管的 Bursa 更新）
譯文內容由第三人軟體翻譯。