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GKE Corp buoyed by Singapore, China stockpiling, net profit rises 260% y-o-y: CGS-CIMB

Jovi Ho
Jovi Ho • 2 min read
GKE Corp buoyed by Singapore, China stockpiling, net profit rises 260% y-o-y: CGS-CIMB
Analysts see stable earnings visibility from the warehouse business for the next two years.
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Warehousing and storage company GKE Corp is enjoying a “good start to the year” with enhanced medical supply stockpiling in Singapore and China’s infrastructure boom, says CGS-CIMB Research analysts Ong Khang Chuen and Kenneth Tan.

Ong and Tan are maintaining their “add” call on the company with a raised target price of 18.4 cents from 18 cents.


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