In his June 3 report, Chew writes that although Valuetronics’ FY2024 revenue was only 89% of his estimates for the period, its profit after tax and minority interests (patmi) was “better than expected” at 105% of his forecast.
PhillipCapital analyst Paul Chew is keeping his “buy” call on Valuetronics (SGX:BN2
) with a raised target price of 76 cents from 70 cents previously following the company’s FY2024 ended March 31 results.
