White Horse Bhd, which posted significantly higher turnover and net profit for the half-year ended June 30, should continue to show resilience in the second half-year, given its strong production capacity mix in terms of product size and range that will help it capture the rising demand for tiles, said RHB Research.
An analyst with the research unit said a recent check at sales chain indicated that demand remained firm, supported by ongoing renovation and the lack of imported tiles in the marketplace owing to a non-tariff import restriction since February.