Leon Fuat cautious on demand of steel products as Covid worries weigh

Calvin Ooi said Leon Fuat would be able to sustain the business based on the satisfactory performance of the first quarter ended March 31.

KUALA LUMPUR: Leon Fuat Bhd is cautious on the outlook for its steel products as demand could be impacted by the Covid-19 pandemic as infections remain high.

Its executive director Calvin Ooi said the company could not rule out a possible slowdown in activities of activities of its customers due to the high infection rates.