CGS-CIMB Research, in a report, said there has been strong order replenishment from the company’s customers led by the festive season in December and the upcoming Chinese New Year. (Power Root plant in Johor Baru. - Filepic)
PETALING JAYA: Power Root Bhd
is poised to benefit from the upcoming festive season as its plants are now running at full workforce capacity with utilisation rates almost returning to pre-pandemic levels of about 90%.
This will help it catch up with production delays to fulfill backlog orders as well as cater to pent-up demand since the reopening of economic activities.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
