If the rollout of electric cars by D&O’s key customers is on track and well-received, the house does not rule out the possibility of stronger earnings growth for even FY22-FY23.
PETALING JAYA: The recovery of global vehicle sales, which has led to the higher demand for LED adoption, has spurred more design-in enquiries for D&O Green Technologies Bhd
.
This and other factors have led PublicInvest Research to forecast double-digit earnings growth for the financial year 2021 (FY21).
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