Additionally, HLIB Research said demand for Frontken’s products continues to remain strong.
PETALING JAYA: Frontken Corp Bhd
is expected to see a 22% lift in core net profit in its next financial year ending Dec 31, 2023, underpinned by the expansion of the group’s second Taiwan plant.
Hong Leong Investment Bank (HLIB) Research in a report yesterday said the first phase expansion of Frontken’s second Taiwan plant is ahead of schedule.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
