Share Price: RM5.32 | Target Price: RM5.55 | Rating: HOLD
Alliance posted in 3QFY25 net profit of RM187m (-2% QoQ, +6% YoY), bringing 9MFY25 sum to RM553m (+8% YoY). This came in above HLIB’s expectations but in line with consensus (at 75%) with the deviation arising from stronger-than-expected total income.
ABMB Results Update for Q3 Ending 31/12/24
Research House: Hong Leong Investment Bank (HLIB)
Analyst: Chan Jit Hoong
FY2025 Forecast: Net Profit: RM739m | EPS: RM0.477 | DPS: RM0.205