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KUALA LUMPUR: Hup Seng Industries Bhd\'s earnings in the medium term is seen to remain stable on resilient demand.
KUALA LUMPUR: Hup Seng Industries Bhd, which posted a 26.7% rise in net profit for the fourth quarter ended Dec 31, 2024 (4Q24), maintains a cautious outlook due to the industry's highly competitive nature.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Hup Seng Industries Bhd’s third-quarter results for the period ended Sept 30, 2024, sent shares up about 7% in early trade Thursday, driven by better-than-expected numbers.
KUALA LUMPUR: Hup Seng Industries Bhd remains cautious despite an encouraging third-quarter performance for the period ended Sept 30 (3Q24), given the highly competitive nature of the industry.
Hup Seng Industries Bhd remains cautious despite an encouraging third-quarter performance for the period ended Sept 30 (3Q24), given the highly competitive nature of the fast-moving consumer goods sector.
KUALA LUMPUR: Stocks to watch on Thursday include Haily Group Bhd, Hup Seng Industries Bhd, Binasat Communications Bhd, Lotte Chemical Titan Holding Bhd (LCT), Xin Synergy Group Bhd, Deleum Bhd and Sarawak Consolidated Industries Bhd (SCIB).
PETALING JAYA: MIDF Research has downgraded Hup Seng Industries Bhd to “neutral” from “buy”, citing significant increases in raw material prices since the first quarter of 2024 (1Q24).
KUALA LUMPUR: Stocks to watch on Thursday include Uzma Bhd, Willowglen MSC Bhd, Cape EMS Bhd, Heineken Malaysia Bhd, Hup Seng Industries Bhd, Sentral Real Estate Investment Trust (Sentral REIT) and Kawan Renergy Bhd.
KUALA LUMPUR: Hup Seng Industries Bhd expects the operating environment to remain highly competitive in 2024.
Hup Seng Industries Bhd’s lower dividend payout rate in financial year 2023 (FY23), despite its cash pile rising year-on-year, has led analysts to cut their forecast on the company’s payout rate for the coming years.
PETALING JAYA: The consumer sector is poised for growth in financial year 2025 (FY25) underpinned by an anticipated boost in domestic consumer spending and robust tourism activity.
KUALA LUMPUR: Copanies that recently made headlines include CTOS, Dialog, Hup Seng, Hextar, MGB, Tune Protect, CN Asia, Public Bank, RHB, Dataprep, GFM and PA Resources, said Apex Securities Research.
PETALING JAYA: Hup Seng Industries Bhd anticipates the operating environment to remain highly competitive.
KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines
KUALA LUMPUR: Confectionery maker Hup Seng Industries Bhd will be looking into product improvements and meeting evolving consumer demands as it anticipates a further upturn in market conditions.
PETALING JAYA: Hup Seng Industries Bhd will focus on maintaining its market share and product competitiveness in order to increase the popularity of Hup Seng biscuits in the industry.
Biscuit manufacturer Hup Seng Industries Bhd’s net profit increased by more than three-fold to RM13.02mil in the third quarter ended Sept 30, driven by stronger domestic and export sales.
KUALA LUMPUR: Stocks to watch on Thursday include Swift Haulage Bhd, Hup Seng Industries Bhd, AME Real Estate Investment Trust (AME REIT), Duopharma Biotech Bhd, OCK Group Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) and Hiap Teck Venture Bhd.
KUALA LUMPUR: Hup Seng Industries Bhd will focus on maintaining its market share and product competitiveness in order to increase the popularity of Hup Seng biscuits in the industry.
