D&O set to ride on electric vehicle trend


Kenanga Research said the group is primed to ride the wave of growing LED content per vehicle, particularly EVs, which is taking the centre stage as one of the key themes for the technology sector this year.

KUALA LUMPUR: D&O Green Technologies Bhd is expected to benefit from the rising electric vehicle (EV) trend amid pent-up demand for cars.

This could boost the semiconductor component manufacturer’s future earnings as the recovery of global vehicle sales and higher demand for LED have spurred more enquiries for the company.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!
   

Next In Business News

RBA to maintain key rate to restrain price pressures
The Global South and the need for economic growth
Optus names Stephen Rue as new chief executive
ADB gets highest net income allocation in history
Century-old association continues moving with the times
F&N to focus on growth through sales volume
Shell in talks to sell Malaysian petrol stations
Vietnam garment sector faces supply bottlenecks
Global housing issues crush immigration growth
Increasing people’s income crucial to China’s holiday economy

Others Also Read