Yenher Set To Move Past Operational Setback

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The story "Yenher Set To Move Past Operational Setback" was covered 15 hours ago by Business Today, a news publisher based in Malaysia.

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Yenher Set To Move Past Operational Setback - Business Today

Quick Summary:

Hong Leong Investment Bank Bhd (HLIB) has maintained a BUY call on Yenher Holdings Bhd with an unchanged target price of RM1.41, implying a capital upside of 76.3% and an expected total return of 80.2%.

The house retains confidence in Yenher’s growth trajectory despite a slight dip in 1QFY25 core PATAMI to RM4.

The house maintained their full-year earnings forecast and reiterated the BUY rating, supported by a projected dividend yield of 3.9% for FY25 based on a generous 40% dividend payout ratio.