Strong order replenishment to spur Power Root this festive season

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.