Long-term horizon brightens for MPI

PETALING JAYA: Following earnings growth in the first quarter of financial year 2024 (1Q24), which marked a recovery for the second consecutive quarter, analysts remain optimistic on the medium to longer-term prospects of Malaysian Pacific Industries Bhd (MPI).

MPI’s growth will be anchored by the strengthening of the group’s product portfolio and the adoption of an automotive-focused strategy, analysts said.