Southern Cable eyes US market, higher revenue

TheStar Tue, Jun 28, 2022 08:50am - 1 year View Original


Managing director Tung Eng Hai said Southern Cable is conducting the final stages of testing and evaluating its XHHW-2 (cross-linked polyethylene high heat-resistant and water resistant) industrial cables for a customer in the US. It is used in residential, commercial and industrial buildings.

KUALA LUMPUR: Southern Cable Group Bhd aims to penetrate the United States market in the second half (2H) of 2022 and targets higher overseas revenue this year.

In a statement yesterday, the Kedah-based group said regional demand for cables and wires is set to improve in line with recovering economic activities.

Southern Cable recorded three consecutive quarters of export growth since mid-2021. The company topped RM7.2mil in the first quarter of this financial year, ending Dec 31, 2022 (FY22) on higher sales of power cables and wires to Myanmar and Singapore.

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