JAG to see MCO impact, but expects recovery

Bursa listed Jag Bhd's office and recycling plant in Shah Alam

SHAH ALAM: Recycling company JAG Bhd has seen some impact to its revenue during the movement control order (MCO) period where it was not able to operate its plant.

“We are looking at a loss of revenue of about 10%-20% in the 45 days of the MCO. However, we are expecting to recover from these losses as our clients, who are mostly multinational electronic firms, have called us to clear the backlog in their factories, ” chairperson Datin Stacey Tan told StarBiz.