UOBKH Research predicts improved earnings and margins for Hu...
UOBKH Research predicts improved earnings and margins for Hume due to rising cement prices and falling coal prices. They also foresee a dividend increase in 2024 due to robust profits and cash flow. Further upside support for cement prices is expected from key infrastructure projects, and a growth in the industry in 2024 is predicted as construction activity rebounds. They maintain a 'buy' call on Hume with a higher target price of RM3.03 a share.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000183801109a1f4d.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment