Seet’s report comes after Fu Yu Corp saw a “resilient performance” for the 1HFY2022 ended June.
RHB Group Research analyst Jarick Seet has kept a “neutral” rating on Fu Yu Corp as he waits for the group’s management to rebrand its manufacturing business and elevate its profile as an advanced solutions provider in the high precision plastics manufacturing industry.
Seet has also kept his target price unchanged at 28 cents.
