SKP’s earnings to be driven by higher sales

TheStar Tue, Jun 11, 2024 12:00am - 3 weeks View Original


PETALING JAYA: SKP Resources Bhd is likely to register revenue of RM2.15bil for its financial year ending March 31, 2025 (FY25) driven by higher sales from its key customers as on the back of improved order visibility as well as new customers.

“Our recent conversation with management suggests that order visibility has improved from its key customer since the beginning of the year,” CGS International (CGSI) Research said in a report.

The research house said the company has been receiving several business inquiries from new customers to provide backend assembly services related to household products.

“SKP has onboarded two new customers earlier this year, which are slated to ramp up production by the second quarter of 2025 with a targeted combined annual revenue of RM150mil.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

SKPRES 1.180
SKPRES-WB 0.050

Comments

Login to comment.