Gabungan AQRS Berhad (KLSE:GBGAQRS) Analysts Just Trimmed Their Revenue Forecasts By 15%
The latest analyst coverage for Gabungan AQRS Berhad (KLSE:GBGAQRS) could have significant implications, as the analysts made broad cuts to their statutory estimates and substantially revised their revenue forecasts. The cut in revenue estimates may be an implicit acknowledgment that previous forecasts were overly optimistic. Analysts now forecast revenues of RM251m in 2025, representing a 195% improvement in sales compared to the last 12 months.
- This downward revision underscores the challenges faced by Gabungan AQRS Berhad's business, which will need to demonstrate substantial growth to meet analyst expectations.
- What specific factors are driving this change in forecast, and how might they impact Gabungan AQRS Berhad's competitive position in its industry?