Mah Sing to achieve yearly sales target


Going strong: In this file picture, visitors are seen checking out Mah Sing projects at its booth in a mall. Its net profit surged 40.3% to RM40.28mil in the first quarter due to a higher contribution from its property development segment.

PETALING JAYA: Mah Sing Group Bhd’s third-quarter (Q3) earnings may be weighed down by lockdown restrictions that have affected its construction and glove production divisions.

The nationwide lockdown had led to Mah Sing’s manufacturing plant operating intermittently in June and July. It had shutdown for two weeks in July and was operating at 60% capacity during other periods.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Malaysia clinches RM1.8bil sales at Gulfood 2026
Steel Hawk unit secures PETRONAS deal
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing

Others Also Read