Pantech poised for a record year in 2023


PETALING JAYA: Pantech Group Holdings Bhd delivered a better showing in its financial results for the first half of 2022 (1H22), indicating the possibility of another record year in 2023 for the company.

It could also win more contracts from the palm oil industry on the back of strong palm oil prices. Mercury Research expects contributions from this segment to boost the company’s revenue by 20% in financial year 2023 (FY23), up 4% from FY21.

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