MSM's pivot towards value-added products is crucial, says Affin Hwang


KUALA LUMPUR: MSM Malaysia Holdings Bhd could see an earnings boost from 2020 on contribution from new value-added products and a recovery in sugar prices, says Affin Hwang Capital research.

It added that MSM is likely to post a weak set of results quarter-on-quarter for 3Q19 with the new Johor refinery running at 18-20% of its production capacity due to due to the weakness in raw sugar prices.

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