MQ Market Updates - 23 April 2025
MQ Market Updates - 23 April 2025
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MCE Holdings Bhd (MCEHLDG) has secured RM120.67 million in new contracts, including one with JVIS USA, LLC, ahead of a 25% tariff on auto parts.
Bumi Armada Bhd (ARMADA) is projected to report a core net profit of RM200 million to RM250 million for 1Q25, but anticipates a decline in subsequent quarters due to reduced charter rates for its FPSO Kraken vessel.
Ramssol Group Bhd (RAMSSOL) aims for potential revenue of RM131.6 million from AI solutions in Thailand over the next three years.
Fraser & Neave Holdings Bhd (F&N) is expected to face start-up losses in its AgriValley dairy venture due to high initial investments and limited economies of scale, as per CIMB Securities.
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