KUALA LUMPUR (Feb 26): Malakoff Corporation Bhd's (KL:MALAKOF) power plant woes could hurt its earnings more than expected this year, analysts said, following its first quarterly loss in two years. The research house maintained its 'hold' rating with a target price of 74 sen, implying a downside of almost 11%. The consensus target price is now 94 sen, based on the average of 11 research houses tracked by Bloomberg. It kept its ‘buy’ call with a target price of RM1.29. Therefore, according to various analysts, the full-year core net profit fell sharply to roughly RM96 million to RM146 million, down roughly 43-64% year-on-year, with revenue declining by nearly 20%, close to RM7.2 billion.

Source: The Edge Markets February 26, 2026 04:33 UTC