EPIC...Improved Numbers

EPIC's group revenue and profit before tax were up 29% and 34% respectively q-o-q due to increased port operations and O&G activities. This has brought about an EPS of 8.82 on quarterly basis (vs 8.20 in the corresponding period last year) and a half-year EPS of 14.71 against 12.78.

In 2 separate brokers' calls, Maybank Investment tags the target price for EPIC at 2.40 while OSK sets it at 2.43.