Improved outlook for Coastal on luxe resort plan

[ PETALING JAYA: Coastal Contracts Bhd is building a luxurious resort in Sabah and can expect profitability to improve once occupancy rate increases. That is one of the reasons for TA Research to adjust its earnings forecasts for 2024-2026 by negative 2.7% to 0.8%. It expects immaterial losses to the group in 2024-2025 during development … Read more