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免费足球贴士:UWC prospects boosted by expansion plans

时间:2周前   阅读:1   评论:3

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The integrated engineering supporting service provider is expected to leverage on the sustained demand for semiconductors through the acquisition of a new plant, the construction of a new factory and the upgrading of its current facilities.

PETALING JAYA: UWC Bhd is projected to have a positive outlook backed by its expansion plans and strong track record of posting growth in revenue and earnings.

Mercury Securities Research expects UWC to see stable growth under the leadership of chief executive officer, Datuk Ng Chai Eng, who oversaw a three-year revenue compound annual growth rate of almost 28% from financial year 2018 (FY18) to FY21 despite the challenges of the pandemic.

Mercury Securities Research expects UWC to see stable growth under the leadership of chief executive officer, Datuk Ng Chai Eng, who oversaw a three-year revenue compound annual growth rate of almost 28% from financial year 2018 (FY18) to FY21 despite the challenges of the pandemic.

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The integrated engineering supporting service provider is expected to leverage on the sustained demand for semiconductors through the acquisition of a new plant, the construction of a new factory and the upgrading of its current facilities.

All these factors culminated in the research house having a “buy” call on UWC with a target price of RM3.67 a share based on the FY23 estimated earnings per share of 10.4 sen with a price to earnings ratio of 35.3 times.


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