“We expect a ramp-up in orders from 5G signal test modules and EV charging station-related components. This renders JHM a proxy for the global 5G infrastructure rollout and the growing prevalence of EV charging stations, ’’ Kenanga Research said.
PETALING JAYA: JHM Consolidated Bhd is expected to gain from 5G global rollout as demand for signal test modules increases and so do electric vehicles (EV) charging stations related components.
JHM has also started supplying parts and modules used in a new horticulture project. That is expected to turn in a contribution of about US$1mil in the current financial year, said Kenanga Investment Bank Research.
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