Wellcall likely to face margin pressure on raw material prices

TheStar Tue, Mar 08, 2022 10:00am - 2 years View Original


The Perak-based company could see near-term margin compression from higher raw material costs.

PETALING JAYA: The demand for rubber hoses is expected to remain robust for Wellcall Holdings Bhd.

However, the Perak-based company could see near-term margin compression from higher raw material costs.

While the company planned to raise its selling prices to pass on the higher costs, CGS-CIMB Research said the increases are likely to be limited by the need to maintain its competitive edge.

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