SUBSCRIBERS

Brokers' take

Published Tue, Jul 9, 2019 · 09:50 PM

Fu Yu Corp | Buy (maintained) July 9 close: S$0.215 Target price: S$0.24 RHB Research Institute, July 9

With the ramp-up in its existing projects set to continue in subsequent quarters, coupled with further new projects on the medical and consumer, and automotive front, we expect the positive growth momentum of Fu Yu Corp to continue.

In addition, with more than 80 per cent of revenue received in US dollar terms, an appreciating greenback should also be beneficial to the company.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here