Broker Name: Maybank Investment Bank Berhad
Date of Report: March 23, 2026
Excerpt from Maybank Investment Bank Berhad report.
- Report Summary
- Cypark Resources reported a narrower 9MFY26 core net loss of MYR77.6m, mainly due to higher renewable energy and waste-to-energy (WtE) revenue, but still missed expectations as engineering segment revenue dropped sharply.
- Near-term earnings recovery depends on converting its MYR4.2b tenderbook into engineering, procurement, construction, and commissioning (EPCC) contracts, while WtE Phase 2 expansion could improve future earnings, though details are pending.
Above is an excerpt from a report by Maybank Investment Bank Berhad. Clients of Maybank Investment Bank Berhad can be the first to access the full report from the Maybank Investment Bank Berhad website: https://www.maybank.com/investment-banking
