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Brokers' take

Published Mon, Aug 26, 2019 · 09:50 PM

SIlverlake Axis | Hold (downgraded) Aug 26 close: S$0.495 Target price: S$0.53 CGS-CIMB, Aug 24

SILVERLAKE Axis reported Q4 FY 2019 core net profit of RM57.4 million (S$19 million), a 58.2 per cent year-on-year (y-o-y) growth, on the back of 30.1 per cent y-o-y topline growth, which we attribute to stronger project-related revenue.

FY 20…

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