OSK News

OSK Property Collaborates With Affin Bank to Provide Financial Solutions Tailored to Women Homebuyers

KUALA LUMPUR (June 14): OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK) has partnered with Affin Bank Bhd (KL:AFFIN) in the bank's new mortgage programme "Affinita", aimed at providing women with financial solutions towards homeownership.

The Edge MarketsJun 14 01:03 ET

OSK Logs Higher Profit, Revenue in Q1

OSK Holdings (KLSE:OSK) said profit attributable to owners jumped to 123 million ringgit in the first quarter, from 115.1 million ringgit a year earlier. Earnings per share rose to 0.0596 ringgit from

MT NewswiresMay 31 01:34 ET

OSK on Track to Record Another Year of Solid Growth, Says HLIB

Hong Leong Investment Bank (HLIB) Research has maintained it “buy” rating on OSK Holdings Bhd (KL: OSK) at RM1.66 with a higher target price of RM2.21 (from RM2.16) and said OSK’s 1Q24 core PATAMI of RM122.8 million (+26.7% q-o-q; +6.4% y-o-y) results were within house expectation, making up 26.4% of our full -year forecast.

The Edge MarketsMay 30 20:50 ET

OSK's 1Q Earnings Rise 10% to RM122.93m

KUALA LUMPUR (May 30): OSK Holdings Bhd's (KL:OSK) net profit for the first quarter ended March 31, 2024 (1QFY2024) rose 10% to RM122.93 million from RM115.09 million, on the back of a 10% rise in revenue to RM367.94 million, versus RM333.20 million.

The Edge MarketsMay 30 06:48 ET

Expanding OSK Property's Footprint

OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK), has been focusing on expanding its land bank and has lined up projects to the tune of RM1.7 billion in gross development value for 2024.

The Edge MarketsMay 19 22:33 ET

OSK Logs Lower Profit, Higher Revenue in Q4

OSK Holdings (KLSE:OSK) said profit attributable to owners slumped to 97.8 million ringgit in the fourth quarter of 2023, from 121.2 million ringgit a year earlier. Earnings per share slid to 0.0474 r

MT NewswiresFeb 28 03:34 ET

OSK's 4Q Net Profit Down 19.3% on Higher Taxes, Lower Share of Profits From Associates and JV

OSK Holdings Bhd's net profit for its fourth quarter of financial year 2023 fell 19.29% to RM97.8 million from RM121.17 million a year earlier, despite higher revenue, as its bottomline was crimped by higher tax expenses and cost of sales, and lower share of profits from its associates and a joint venture (JV).

The Edge MarketsFeb 27 05:56 ET

HLIB Raises Target Price for OSK to RM2.04, Sees Recovery in Property Launches in 2024

Hong Leong Investment Bank Research (HLIB) has maintained its "buy" rating on OSK Holdings Bhd, with a higher target price of RM2.04 (from RM1.77) based on a 30% discount to a revised sum of part-derived valuation of RM2.91.

The Edge MarketsJan 8 20:52 ET

OSK Logs Higher Profit, Revenue in Q3

OSK Holdings (KLSE:OSK) said profit attributable to owners jumped to 123 million ringgit in the third quarter, from 112.9 million ringgit a year earlier. Earnings per share rose to 0.0597 ringgit from

MT NewswiresNov 27, 2023 23:32 ET

OSK's 3Q Earnings up 9% Despite Lower Contributions From Property, Construction Segments

OSK Holdings Bhd's net profit grew 9% to RM123.03 million for the third quarter ended Sept 30, 2023 (3QFY2023), from RM112.85 million a year earlier, as earnings improved across its industrial manufacturing, hospitality, and financial services businesses.

The Edge MarketsNov 27, 2023 02:06 ET

HLIB Says OSK to Show Steady Growth in FY23, Raises Target Price to RM1.59

Hong Leong Investment Bank (HLIB) research has maintained its “Buy” rating on OSK Holdings Bhd at RM1.05, with a higher target price (TP) of RM1.59 (from RM1.46), and said it believes the group will continue to show steady growth in FY2023, underpinned by an improvement in all segments.

The Edge MarketsJul 12, 2023 20:32 ET