Better quarters ahead for SKP Resources

RHB Research viewed electronic manufacturing services (EMS) as one of the more resilient industries under the current lockdown environment, thanks to steady global demand and the cost pass-through mechanism, which should mitigate any rise in production costs.

PETALING JAYA: SKP Resources Bhd’s upcoming first-quarter (Q1) results for the financial year ending March 31, 2022 (FY22) are expected to meet the estimates, which reflects on the group’s healthy top-line growth.

RHB Research in its latest report described SKP as a safer bet amid the pandemic. The research house viewed electronic manufacturing services (EMS) as one of the more resilient industries under the current lockdown environment, thanks to steady global demand and the cost pass-through mechanism, which should mitigate any rise in production costs.