In his Nov 17 report, Jarick Seet of Maybank Securities notes that Frencken’s 3QFY2025 patmi of $9.9 million is in line with his forecast as well as consensus estimates.
Numerous analysts remain bullish on Frencken Group and are maintaining their “buy” calls following the recent business update for 3QFY2025 ended Sept 30, despite the company's softer guidance.
Frencken’s 3QFY2025 revenue rose 6.5% y-o-y to $211.5 million, while net profit grew 7.5% y-o-y to $9.9 million, which brings 9MFY2025 revenue and earnings to $642.8 million and $29.8 million, respectively.
