Rubber hose segment to buoy Wellcall growth

TheStar Tue, Jun 06, 2023 12:00am - 10 months View Original


PETALING JAYA: Wellcall Holdings Bhd is banking on the resiliency of the industrial rubber hose market to support its earnings growth in the quarters ahead despite weaker economic prospects in its main markets abroad.

Wellcall’s investor relations adviser Shaun Chua said the industrial rubber hose business is driven mainly by replacement demand and as such can be quite resilient during an economic slowdown.

“In order to ensure sustainable growth in the upcoming quarters, Wellcall will be focusing on product quality as well as prompt delivery to ensure customer satisfaction and good pricing power.

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