Friday, 11 May 2012

DIALOG 100512


Dialog – Below expectations although growth outlook remains intact                              Outperform

Results Note

-          3QFY06/12 net profit came in below our and consensus expectations, due to losses from the Singapore engineering & construction division, and overall lower-than-expected operating margins. Associate tank terminal contribution rose strongly yoy, and provided the growth at the net level, which otherwise would have been flat yoy.        -  Source:  RHBInvest


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