槟杰科达:Macro uncertainties remain the primary obstacle

| RESEARCH 15 Nov, 2024 Pentamaster (01665.HK) Stock Rating BUY (BUY) Target Price HK$ 0.75 (HK$ 0.95) Current Price HK$ 0.61 52-Week Range HK$ 0.60 – 1.30 Market cap. (HKD, bn) HK$ 1.5 MYR, mn 2023 (A) 2024 (E) 2025 (E) 2026 (E) Revenue 691.9 651.2 735.0 806.2 Gross Profit 209.6 187.3 212.8 249.8 Gross Margin 30.3% 28.8% 29.0% 31.0% Profit Attr. 142.2 117.7 133.8 161.8 ROE 18.0% 13.1% 13.3% 14.2% Performance 1 mth 3 mth 6 mth 1 year Absolute -10.3% -9.0% -15.2% -30.3% Relative to HSI -4.3% -24.8% -19.1% -4 ...