Temporary closure has little impact on Poh Huat

While the temporary shutdown will result in a potential loss of revenue due to production shortfall, TA Securities estimated that it would add up to around RM1mil for 10 days of disruption. “Together with the cost of disinfection and screening of workers, we believe the overall earning impact is less than 2% of FY21 earnings.

PETALING JAYA: The temporary closure of furniture maker Poh Huat Resources Holdings Bhd’s operations in Malaysia is expected to have little impact on the company’s earnings.

While the temporary shutdown will result in a potential loss of revenue due to production shortfall, TA Securities estimated that it would add up to around RM1mil for 10 days of disruption.