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Brokers' take

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Nam Cheong's 4Q14 core net profit of RM49.1m (-30 per cent y-o-y) was in line with our and consensus expectations, at 16 per cent of our full-year forecast (FY14 core net profit at 97 per cent). FY14 represented its third consecutive record-breaking year.

Nam Cheong

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CIMB Research | Feb 13 |

Feb 13 close: S$0.32

Target price: S$0.39

Nam Cheong's 4Q14 core net profit of RM49.1m (-30 per cent y-o-y) was in line with our and consensus

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