5 stories mentioning KLSE:HEIMUpdated 4d ago
Every FINWIRES story that references KLSE:HEIM, newest first.
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Heineken Malaysia (KLSE:HEIM) has an average rating of overweight and mean price target of 20.13 ringgit, according to analysts polled by FactSet.
Heineken Malaysia (KLSE:HEIM) has an average rating of buy and mean price target of 26.25 ringgit, according to analysts polled by FactSet.
Malaysian shares erased gains of the previous six sessions to end in the red on Thursday. The sentiment was in line with a downbeat regional performance amid waning hopes of US-Iran peace negotiations.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 11.02 points to end 0.6% lower at 1,737.15.In corporate news, shares of Theta Edge (KLSE:THETA) jumped 29% on today's close after its unincorporated joint venture company, MRCB-Theta JV, secured an order worth 3.03 billion ringgit from MRT.Whereas, shares of Heineken Malaysia's (KLSE:HEIM) slumped over 10% on close after it reported profit attributable to owners of 50.5 million ringgit in the second quarter, down 39% from 83 million ringgit a year earlier.Batu Kawan (KLSE:BKAWAN) unit Whitmore will acquire the remaining shares in MKH (KLSE:MKH), that it does not already own, through an unconditional mandatory takeover offer. The shares will be purchased at 2 ringgit per share, after the offer became unconditional. Batu Kawan's shares ended flat today.
Heineken Malaysia's (KLSE:HEIM) reported profit attributable to owners of 50.5 million ringgit in the second quarter, down 39% from 83 million ringgit a year earlier.Earnings per share dropped to 0.167 ringgit from 0.275 ringgit a year prior, according to a Thursday Malaysian bourse filing.Revenue fell 19% to 434.7 million ringgit from 539.7 million ringgit a year ago, the Malaysian arm of Dutch brewing giant Heineken said.The company proposed a single-tier final dividend of 1.12 ringgit per share for the year ended Dec. 31.The board declared a single-tier interim dividend of 0.40 ringgit per share for the financial year ending Dec. 31, 2026, payable on Oct. 14.Shares of the brewer were down nearly 7% in recent trading.
Heineken Malaysia (KLSE:HEIM) has an average rating of buy and mean price target of 26.36 ringgit, according to analysts polled by FactSet.
