PETALING JAYA: MSM Malaysia Holdings Bhd
expects gradual improvement in its financial performance driven by improved production cost, higher volume and premium.
According to MIDF Research, the country’s leading sugar producer is working to improve the utilisation rate of its refinery in Johor to more than 50% this year compared with 27%-30% presently.
“We are comforted by the continuous improvement in the group’s financial performance as seen in its first quarter (Q1) ended March 31,2021 results.
...