PETALING JAYA: Pantech Group Holdings Bhd
’s earnings forecasts have been trimmed by two research houses on assumptions of margin pressure and possible softer stainless-steel average selling prices (ASPs).
TA Research trimmed its financial year 2026 (FY26), FY27 and FY28 earnings forecasts by 13%, 14% and 15% respectively, reflecting a 1% reduction in its profit after margin assumption due to softer stainless-steel ASPs.
Phillip Capital Research also lowered its earlier FY26 revenue forecast by 10% due to weaker-than-expected trading sales, which is largely offset by a 1% upward revision to its earnings before interest tax depreciation and amortisation (Ebitda) forecast from stronger than-expected margins.
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