Aquawalk Group is trading at MYR 0.15, down 6.25%, after Apex Research downgraded its earnings outlook on weaker Aquaria Phuket visitor numbers and persistent softness in international travel demand.
- 2Q26 core net profit fell 44.5% quarter-on-quarter to RM4.7 million.
- FY26–FY28 core-profit forecasts were cut by 9%, 9%, and 11%, respectively, while the target price was lowered to 25 sen.
- Discovery Zone 6 remains pending regulatory approval, adding execution uncertainty.