Analabs Resources Bhd is pinning its hopes on aquaculture to return the group to the profitability it previously enjoyed after declining margins and intense competition in its key industrial waste recycling business depressed earnings to its lowest level in five years.
Executive chairman Kan Yow Kheong said the group was targeting revenues of RM20mil for the new business that would contribute some 50% of its future profit.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!