Spritzer Bhd’s earnings before interest and tax (EBIT) margin for its financial year ended May 31 (FY08) is expected to rise to 11% from 8% last year, according to Kenanga Research.
It believes the margin increase would be on the back of higher sales and greater efficiency of the company’s refurbished Chuan Sin plant in Taiping. The upgrading was completed in May 2007.
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