Tasco to ride on expected growth in throughput

TheStar Thu, Jul 28, 2022 09:31am - 1 year View Original


Tasco

KUALA LUMPUR: Analysts are optimistic about Tasco Bhd’s prospects given the expected sustained growth in throughput volume from its well-diversified customer base and new business wins, following with reopening of the economy.

The logistic player’s net profit jumped 55% to RM24.43mil in the first quarter ended June 30 (1Q23) from a year ago, driven by higher revenue.

Both its international business solutions (IBS) and domestic business solutions (DBS) segments saw growth.

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