Atlan Holdings quarterly performance improves

PETALING JAYA: Atlan Holdings Bhd is keeping a cautious stance on its prospects, stemming from the ringgit’s weak standing against a basket of other currencies, despite acknowledging that there are indications of an ongoing economic recovery.

The group said the delicate level of the local note has contributed to escalating product and operating costs, on top of inflationary pressures and projected prudent consumer spending habits, while reiterating its commitment to enhancing operating efficiency.