Analyst Feels Optimistic With Press Metal's ESG Commitment And Earning Recovery
Analyst Feels Optimistic With Press Metal's ESG Commitment And Earning Recovery
From a financial standpoint, although Press Metal posted revenue of RM13.8 billion for FY23, a decline from RM15.7 billion in FY22, analysts forecasted a recovery in earnings with estimated earnings per share growth of 37.5% in FY24, bringing the core net profit projections to RM1.7 billion.Maybank Investment Bank Bhd (Maybank IB) maintained a BUY call on Press Metal Aluminium Holdings Bhd with a target price (TP) of RM5.70, based on a 25 times price-to-earnings ratio on FY25 estimated earnings.
馬來亞銀行投資銀行有限公司（Maybank IB）維持對Press Metal Aluminium Holdings Bhd的買入看漲期權，目標價（TP）爲5.70令吉，按25倍計算 市盈率 根據25財年的預計收益。
The call is because Press Metal has reported an improvement in its environmental, social and governance (ESG) performance where it scored 63 out of 100 in its latest review. This improvement is attributed to lower greenhouse gas (GHG) emissions, improved GHG intensity and better water withdrawal efficiency.
此次電話會議是因爲Press Metal報告了其環境、社會和治理（ESG）業績有所改善，在最新的審查中，Press Metal在100分中獲得了63分。這種改善歸因於溫室氣體（GHG）排放量的降低、溫室氣體強度的提高和抽水效率的提高。
Despite these gains, there was a noted increase in nitrogen oxides and sulphur oxides emissions in FY23. However, Maybank IB remains optimistic about the company's commitment to enhancing its ESG performance, particularly its goal to achieve carbon neutrality by 2050 and reduce Scope 1 and 2 emissions by 15% by 2025 and 30% by 2030.
儘管取得了這些進展，但在23財年，氮氧化物和硫氧化物的排放量仍明顯增加。但是，馬來亞銀行對該公司提高ESG績效的承諾仍然持樂觀態度，特別是其到2050年實現碳中和以及到2025年將範圍1和2排放減少15％，到2030年減少30％的目標。
From a financial standpoint, although Press Metal posted revenue of RM13.8 billion for FY23, a decline from RM15.7 billion in FY22, analysts forecasted a recovery in earnings with estimated earnings per share growth of 37.5% in FY24, bringing the core net profit projections to RM1.7 billion.
從財務角度來看，儘管Press Metal公佈的23財年收入爲138令吉，低於22財年的157令吉，但分析師預測收益將回升，預計24財年每股收益增長37.5％，使核心淨利潤預期達到17令吉。
Overall, Press Metal remains a leader in the aluminium sector, supported by its strategic ESG initiatives and global market reach.
總體而言，Press Metal在其戰略ESG舉措和全球市場影響力的支持下，仍然是鋁業的領導者。
譯文內容由第三人軟體翻譯。
