May 25, 2011

LIONIND - OSK keeps 'neutral' call on Lion Industries

Stock Name: LIONIND
Company Name: LION INDUSTRIES CORPORATION
Research House: OSK

OSK Research has reiterated its "neutral" stance on Lion Industries Corporation with a cautious view on the group's medium term outlook.

"After adjustments to various exceptional items, mainly in the past quarters, Lion Industries' core net profit for the third quarter came in at RM62.1 million while the nine-month core number stood at RM80.5 million," OSK Research said in a statement today. - Bernama

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