Soft Start For Cheeding Holdings As Projects Still At Early Stage

Cheeding Holdings Berhad reported a core net profit (CNP) of RM7 million for the first quarter of financial year 2027 (1QFY27), which Kenanga Research said was within expectations and accounted for 22% of its full-year forecast. After adjusting for about RM0.2 million in exceptional items, the group’s quarterly CNP declined 25% quarter-on-quarter (q-o-q), mainly due […]