MPI on track for solid earnings growth

KUALA LUMPUR: Kenanga Research is bullish on Malaysian Pacific Industries Bhd's performance in 3QFY21 and beyond due to stronger demand for copper clip-related packages used in automotives.

"Despite seasonality impact from the Chinese New Year holidays in Feb, the group is on track to record yet another solid quarterly earnings for 3QFY21," it said in a note.