Cahya Mata sees a quarter of slower activities, analysts still optimistic on prospects
KUCHING (May 24): Cahya Mata Sarawak Bhd’s (Cahya Mata) performance for the first quarter of the financial year 2024 (1QFY24) came in below expectations, on the back of slower construction activities during the quarter, analysts observed. According to the research team at MIDF Amanah Investment Bank Bhd (MIDF Research), Cahya Mata’s core net profit declined [...]
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