Muted growth likely for 3Q earnings

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The story "Muted growth likely for 3Q earnings" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Muted growth likely for 3Q earnings - The Star

Quick Summary:

Corporate Malaysia’s third-quarter (3Q) earnings season is expected to be mostly in line with the previous quarters, with limited surprises.

Khaw expects the ringgit to strengthen to 3.75 in 2025 against the dollar, underpinned by the fundamental value of the local unit supported by the recovery in electrical and electronic exports of the country.

These indicators suggest that banks could serve as a strong proxy to reflect on a positively growing economy in Malaysia.“Furthermore, recent activities in the construction sector show that construction companies have a higher order book.