In his Nov 17 report, Jarick Seet of Maybank Securities notes that Frencken’s 3QFY2025 PATMI of $9.9 million is in line with his forecast as well as consensus estimates.
Numerous analysts continue to be bullish on Frencken and are maintaining their respective “buy” call following the recent business update for 3QFY2025 ended Sept 30, despite some softer guidance from the company.
Frencken’s 3QFY2025 revenue rose 6.5% y-o-y to $211.5 million while net profit grew 7.5% y-o-y to $9.9 million, which brings 9MFY2025 revenue and earnings to $642.8 million and $29.8 million respectively.
