As producers of staple products, Power Root will be a potential beneficiary of improved consumer spending.
PETALING JAYA: Power Root Bhd
is expected to sustain its recovery momentum into next year, supported by favourable raw material costs and moderating advertising and promotion (A&P) expenses.
According to RHB Research, the beverage distributor could record a net profit growth of 17% for the financial year ending March 31, 2020 (FY20).
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