Delay in trade recovery to weigh on FM Global Logistics


KUALA LUMPUR: A delay in the recovery of trade activity is expected to weigh on FM Global Logistics Bhd's earnings in the first half of its 2024 financial year.

According to RHB Research, its economics unit is expecting a delayed recovery in Malaysia's trade performance with the possibility of year-on-year exports contraction extending into the fourth quarter of 2023.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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FM Global Logistics , RHB , trade , export , shipping , logistics

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