ITMAX Exceeds Expectations, Eyes Bigger Projects Ahead
ITMAX Exceeds Expectations, Eyes Bigger Projects Ahead
As of now, Maybank IB has left its FY24-FY26 earnings forecasts for ITMAX unchanged, with the company continuing to be their top pick in the Malaysian software space.
ITMAX System Bhd's core net profit for 3Q24 of RM22 million, a 34% year-on-year and a 15% quarter-on-quarter increase, has prompted Maybank Investment Bank Bhd (Maybank IB) to maintain a BUY call on the stock and a target price of RM4.40.
ITMAX System Bhd在24年第三季度的核心净利润为2200万令吉，同比增长34％，同比增长15％，这促使马来亚银行投资银行有限公司（Maybank IB）维持对该股的买入看涨期权和4.40令吉的目标价格。
ITMAX's cumulative core net profit for 9M24 of RM58.9 million, a 24% YoY growth, met Maybank IB's expectations, at 75% of the research house's and street's FY24E earnings respectively.
ITMAX在24年上午的累计核心净利润为5890万令吉，同比增长24％，符合马来亚银行兴业银行的预期，分别占该研究机构和华尔街 FY24E 收益的75％。
The stock's solid growth trajectory and its role in the nation's smart city initiatives provide a compelling outlook as the company is progressing with its smart parking projects, which are expected to contribute more significantly to its top line in the upcoming quarters.
该股稳健的增长轨迹及其在国家智慧城市计划中的作用提供了令人信服的前景，因为该公司正在推进其智能停车项目，预计这些项目将在未来几个季度为其收入做出更大的贡献。
As of now, Maybank IB has left its FY24-FY26 earnings forecasts for ITMAX unchanged, with the company continuing to be their top pick in the Malaysian software space.
截至目前，马来亚银行Ib对ITMAX的 FY24-FY26 收益预测保持不变，该公司仍然是他们在马来西亚软件领域的首选。
