Analysts upbeat on Engtex’s prospects

TheStar Wed, Nov 09, 2022 08:10am - 1 year View Original


Engtex is a beneficiary of the country’s initiative to reduce non-revenue water from 34% in 2020 to 25% by 2025, says Kenanga.

PETALING JAYA: Engtex Group Bhd, which is one of Malaysia’s largest pipe manufacturers, is well-positioned to benefit from the revival of water infrastructure projects.

According to Kenanga Research, the company is a beneficiary of the country’s initiative to reduce non-revenue water from 34% in 2020 to 25% by 2025.

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