Boilermech seen to enjoy strong earnings ahead

Kenanga Research in a report said Boilermech was also in a sweet spot to enjoy growth from its ventures in the water treatment and biogas capture and solar energy space.

PETALING JAYA: Boilermech Holdings Bhd is set to see a post-Covid recovery in orders for its boilers from Indonesia-based oil palm plantation companies, enjoying greater pricing power due to the higher cost of the edible oil.

Kenanga Research in a report said Boilermech was also in a sweet spot to enjoy growth from its ventures in the water treatment and biogas capture and solar energy space.