Tek Seng to return to the black this year

Tek Seng Holdings told Bursa Malaysia that its 50.69%-owned subsidiary TSST had decided to temporarily stop its entire production activities. TSST is principally involved in the manufacturing and sales of photovoltaic products.

BUKIT MINYAK: Tek Seng Holdings Bhd expects to return to the black in the 2019 financial year ending Dec 31.

Group managing director Loh Kok Beng told StarBiz that the group’s first quarter results had already shown improvement over the previous year’s corresponding period.