Gas Malaysia set for stronger 2H earnings: Analysts
KUALA LUMPUR: Gas Malaysia Bhd is expected to post stronger earnings in the second half (2H) of 2026, according to analysts.
KUALA LUMPUR: Analysts anticipate stronger earnings for Gas Malaysia Bhd in the second half of 2026, driven by continued volume growth and a higher Malaysia reference price (MRP). Kenanga Research projects sustained volume growth to support decent dividend yield, while RHB Research expects a solid second half with a higher MRP benefiting the shipping division.
The Yan Regasification Terminal, commissioned in 2030, is expected to act as a key earnings catalyst. Gas Malaysia reported a 17% YoY decline in 1H FY26 core profit, attributed to sluggish gas volume recovery and high operating expenses. Both analysts trim FY26 and FY27 net profit estimates, but retain positive outlooks for the second half of 2026 and full year 2027.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
