🔴 Aquawalk Group is trading 6.25% down today after 2Q26 core net profit fell 44.5% quarter-on-quarter

Aquawalk Group is trading at MYR 0.15 (-6.25%) after 2Q26 core net profit fell 44.5% quarter-on-quarter to RM4.7 million.

• The decline was largely due to lower Aquaria Phuket visitorship amid weaker international travel demand.
• Apex Research cut FY26–FY28 core profit forecasts by 9%, 9% and 11% to RM33.5 million, RM37.5 million and RM31.6 million.
• Apex retained its buy rating but reduced the target price to RM0.25.