Monday, February 27, 2012

Petra Foods upgraded to 'outperform' by CIMB



CIMB in a Feb 24 research report says: "FY2011 profit is mildly below forecast at 94% of our FY2011 due to slightly lower-than-expected margins (98% of consensus). FY2011 net profit grew 36% y-o-y as there was broad-based margin and volume growth.

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