Genetec expects more order replenishment


According to CGS-CIMB, which attended the group’s briefing, management said the group had secured some RM60mil worth of new orders and this had lifted its order book to RM198mil. (File pic shows Genetec Technology staff using sophisticated engineering software in the design stage before manufacturing their products.)

PETALING JAYA: Genetec Technology Bhd is expecting more order replenishment from its customers in the areas of electric vehicle (EV), energy storage and e-mobility solutions in the financial year 2023 (FY23).

These will be from its North America EV customers and some of its tier-1 automotive clients.

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Genetec , orders , e-mobility solutions , CGS-CIMB ,

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