PETALING JAYA: Volatile metal prices are expected to hurt Engtex Group Bhd
’s margins, whose results for the first half of financial year 2023 (1HFY23) came in below expectations.
According to Kenanga Research, 1H23 core net profit of RM5mil was only 25% and 13% of the firm’s full-year forecast and the full-year consensus estimate, respectively.
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