Analysts cautious on the future of domestic plastics industry


PETALING JAYA: Analysts are taking a cautious stance on the future of the domestic plastics and packaging industry on the back of persisting margin pressures.

Kenanga Research said in a recent report that based on the second-quarter results, three companies come in below the research house’s consensus estimates, while the other two were within expectations.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , biz feat

Next In Business News

Hotel ownership, one suite at a time
Price homes affordable at cost
Make cities spongy
Charting a new growth phase
Indonesia faces an investor exodus
Branching out beyond palm oil
Safe havens face fresh test
Indonesia’s burning issue
Stocks favoured despite rising risks
Rate normalisation in focus

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read