Published on: February 10, 2022
Strong FY21A performance
Aferian’s FY21A results release (year-ending November 2021) contains three key highlights: a strong financial performance, improved earnings quality and solid progress towards the group’s 2025 strategic goals. Furthermore, the outlook commentary is positive, the dividend policy has been reaffirmed and the group’s financial position remains robust. We make revisions to FY22E estimates following the announcement, while introducing FY23E forecasts.