ELK-Desa aiming for significant growth in hire-purchase

PETALING JAYA: Elk-Desa Resources Bhd aims to continue growing its hire purchase receivables (HPR) by double digits, at 10% to 15%, as well as expanding its furniture business in Sabah and Sarawak for its financial year 2024 (FY24).

RHB Research noted that the group’s HPR grew by 23% year-on-year compared with an early projection of 10% in FY23.

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