PETALING JAYA: Seasonally higher orders driven by year-end festive demand should improve the sales outlook in the upcoming quarter for SLP Resources Bhd
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However, a key risk is the limited availability of shipping containers in the South-East Asian region, exacerbated by the ongoing Red Sea conflict and recurring drought in the Panama Canal, which has led to reduced ship turnover.
Hong Leong Investment Bank (HLIB) Research said this disruption could impact the group’s raw material supply chain, leading to increased costs that may not be fully passed on to customers due to the still subdued demand in its major export markets.
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