Hup Seng margins under pressure

Rising raw material prices affecting operations

PETALING JAYA: Hup Seng Industries Bhd’s margins for the rest of its financial year 2022 (FY22) is expected to continue eroding on the back of higher input costs, says TA Research.

However, the group will be monitoring commodity prices, as well as evaluate and adjust its pricing accordingly amid the challenging operating environment alongside rising inflationary pressures.