Strong earnings ahead for IFCA MSC, says CIMB Research


KUALA LUMPUR: CIMB Equities Research expects IFCA MSC to see strong earnings growth over the next two years as it is one of the main beneficiaries of the upcoming Goods and Services Tax (GST) implementation in April 2015.

“What could also positively surprise is its China division. Sales are growing fast and could surpass Malaysia’s in two years’ time,” it said on Thursday.

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