It also forecasts the builder and operator of high-speed aluminium ships to register EPS growth of 4% in FY22.
SINGAPORE (Feb 26): CGS-CIMB Research continues to remain optimistic on Penguin International’s earnings ahead, following the latter’s positive set of results in FY19 ended Dec 31.
The brokerage raised its earnings per share (EPS) forecasts for FY20 and FY21 by 6.97% and 7.28%, respectively, on the back of higher shipbuilding revenue.
