RHB Investment Bank in a report yesterday said it is trimming Press Metal’s 2021 earnings by 14%, largely to incorporate softer production ramp-up over the second and third quarters of this year, as well as slightly higher alumina rates.(File pic shows Press Metal's smelting plant in Samuljadi.)
KUALA LUMPUR: Press Metal
Aluminium Holdings Bhd’s 2021 earnings could potentially be muted by the group’s softer production ramp-up and higher alumina prices.
RHB Investment Bank in a report yesterday said it is trimming Press Metal’s 2021 earnings by 14%, largely to incorporate softer production ramp-up over the second and third quarters of this year, as well as slightly higher alumina rates.
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