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年第三季度的核心淨利潤爲2200萬令吉，同比增長34％，同比增長15％，這促使馬來亞銀行投資銀行有限公司（Maybank IB）維持對該股的買入看漲期權和4.40令吉的目標價格。
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年上午的累計核心淨利潤爲5890萬令吉，同比增長24％，符合馬來亞銀行興業銀行的預期，分別佔該研究機構和華爾街 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.
該股穩健的增長軌跡及其在國家智慧城市計劃中的作用提供了令人信服的前景，因爲該公司正在推進其智能停車項目，預計這些項目將在未來幾個季度爲其收入做出更大的貢獻。
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，馬來亞銀行Ib對ITMAX的 FY24-FY26 收益預測保持不變，該公司仍然是他們在馬來西亞軟件領域的首選。
