Among stocks in the sector, Kenanga Research liked were SCGM, SLP, Thong Guan Industries Bhd and BP Plastics Holding Bhd.(File pic shows a worker attending to a the production machine at the SCGM plant in Kulaijaya, Jojhor.)
PETALING JAYA: Companies in the plastic and packaging industry may see earnings in the third quarter (Q3) of 2021 coming in softer quarter-on-quarter (q-o-q) as a result of the 60% workforce capacity limit imposed due to movement restrictions.
This would have likely lowered their sales volume during the quarter, said Kenanga Research.
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