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PhillipCapital's Chew maintains 'buy' call on TeleChoice International

The Edge Singapore
The Edge Singapore  • 2 min read
PhillipCapital's Chew maintains 'buy' call on TeleChoice International
Besides building on existing businesses, TeleChoice is exploring opportunities in rising AI adoption, expanding data centres, and increasing cloud demand
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Paul Chew of PhillipCapital has kept his "buy" call and 21.5 cents target price for TeleChoice International following its set of mixed 3QFY2025 numbers.

For the three months to Sept, the company's revenue was within expectations, driven by contributions from logistics and distribution services provided to U-Mobile, plus the turnaround at TeleChoice's ICT business

On the other hand, profit before tax, which surged 568% y-o-y to $3.3 million, was better than what Chew exceeded.

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