PETALING JAYA: Analysts remain upbeat on SKP Resources Bhd
as the temporary shutdown of its facility in Johor Baru is expected to have little impact on its financial year 2021 (FY21) earnings.
“We estimate the temporary shutdown of SKP’s operations in Johor Baru to have a smallish 4.6% impact on our FY21 earnings estimate, with the downside confined to the fourth quarter of FY21
“The impact would come mainly from the production shortfall and loss of efficiency, which we based on management’s estimates for a 3% loss of the group’s overall annual output.
...