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Brokers' take

Published Tue, Aug 20, 2019 · 09:50 PM

GSS Energy | Neutral (maintained) Aug 20 close: S$0.074 Target price: S$0.074 RHB Research Institute, Aug 20

GSS Energy's Q2 FY2019 profit of S$0.087 million stemmed from price competition and cost-down pressures, which shrunk margins, as well as higher depreciation costs from new machines.

Revenue continued to be lower - by 5.7 per ce…

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