Maybank sees strong momentum sustained for Sea
Maybank Investment Bank has revised up Singapore technology firm Sea‘s revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter. The research house said in a note on Wednesday that Sea’s first quarter adjusted EBITDA of $947 million was up 2.5 times year on year and 60...
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