Friday, January 14, 2011

Ezra - Ezra Holdings rated 'buy' by OCBC

Stock Name: Ezra
Company Name: EZRA HOLDINGS LIMITED
Research House: OCBC

OCBC Investment Research in a Jan 13 research report says: "Ezra reported a 25% y-o-y rise in revenue to US$75.9 million but saw a 28% fall in net profit to US$13.3 million in 1QFY11, as its results were impacted by lower contribution from EOC and JV companies as well as higher financial expenses arising from the group's expansion programme.


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