Robust demand to keep Evergreen Fibreboard on growth track

KUALA LUMPUR: Evergreen Fibreboard Bhd could continue its earnings growth momentum following a commendable 3Q21 result, despite rising raw material costs.

In a report, Hong Leong Investment Bank (HLIB) Research said the robust demand and rising average selling prices in the panel boards and furniture market is expected to outweigh these near-term challenges.