Socio-Economic Research Centre executive director Lee Heng Guie(pic) highlighted that there will be a higher degree of impact on corporate earnings that will surface after the four-week movement control order (MCO).
PETALING JAYA: Market earnings expectations are currently too optimistic, with consensus expecting FBM KLCI earnings per share (EPS) growth of 2.7% for 2020.
This is largely due to previous expectations of positive market earnings growth for 2020, which have yet to be revised.
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