PETALING JAYA: NTPM HOLDINGS BHD
’s earnings may hit an inflection point in the fourth quarter ended April 30, on increased capacity and margins from lower raw material prices.
The new production capacity that is being ramped up is at its new Vietnam plant and RHB Research said tissue paper product usage is likely to increase even after the Covid-19 pandemic ends.
“NTPM’s operations saw no major disruption during the movement control order (MCO) period, ” RHB Research said. The company saw a spike in demand in its key markets, including in Malaysia, Singapore, and Australia.
...