0132 GMT - Press Metal Aluminium's 4Q earnings could be sequentially stronger, driven by higher aluminum prices and lower costs, Affin Hwang IB analyst Andrew Lim says in a note. Next year's earnings could reach an all-time high, with alumina prices expected to stay subdued as new global capacity comes on stream, he says. The company's outlook may remain positive, supported by firm aluminum prices and easing alumina costs as supply expands. Affin Hwang maintains a buy rating on Press Metal and keeps its target price at MYR7.40. Shares are 0.5% higher at MYR6.50.(yingxian.wong@wsj.com)
(END) Dow Jones Newswires
November 20, 2025 20:32 ET (01:32 GMT)
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