Chin Well set for growth on strong orders

Following a recent meeting with Chin Well’s management, TA Research said that at this juncture, the group was still unable to operate at optimum capacity due to shortage of workers.“As such, management is actively looking to recruit new workers to catch up with the delayed orders,” TA Research said.

PETALING JAYA: Chin Well Holdings Bhd’s prospects appear promising, underpinned by strong sales orders for delivery through June 2022 as well as persisting high average selling prices (ASPs).

The carbon steel fastener manufacturer has started to see additional sales from the European market, following the imposition of anti-dumping duties on certain steel fasteners against China from the European Commission.