Stronger global vehicle sales augur well for D&O Green Technologies


If the rollout of electric cars by D&O’s key customers is on track and well-received, the house does not rule out the possibility of stronger earnings growth for even FY22-FY23.

PETALING JAYA: The recovery of global vehicle sales, which has led to the higher demand for LED adoption, has spurred more design-in enquiries for D&O Green Technologies Bhd.

This and other factors have led PublicInvest Research to forecast double-digit earnings growth for the financial year 2021 (FY21).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

D&O Green technology Bhd , LED , China , vehicle ,

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
Uzma to raise RM68mil via private placement
MISC to develop world’s first ammonia dual-fuel ships
MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close

Others Also Read