Serba Dinamik Holdings Bhd (Nov 26, RM4.33) Maintain buy with a higher target price (TP) of RM5.42: Serba Dinamik Holdings Bhd’s core profit for the nine months of financial year 2019 (9MFY19) was above expectations on stronger operations and maintenance (O&M) margins and higher contributions from joint ventures (JVs) and associates. We expect its earnings...Continue Reading
PETALING JAYA: Engineering service provider Serba Dinamik Holdings Bhd has posted a 36% jump in net profit to RM113.16mil for the third quarter ended Sept 30 from RM83.23mil a year earlier, thanks to an increase in its maintenance, repair and overhaul or MRO activities in Qatar, the United Arab Emirates (UAE), Kuwait and Malaysia.Continue Reading
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