Analysts are upbeat on prospects for KPower Bhd after its third-quarter net profit surged fivefold. In a note today, AmInvestment Research analyst Jeremie Yap raised his fair value (FV) for the stock to RM2.47 from RM2.31 prior, based on 18 times revised earnings per share (EPS) of 13.7 sen forecast for the financial year ending June 30, 2023 (FY23).
