MSM Sugar Refinery aims for 50% utilisation factor in 2024


PASIR GUDANG: MSM Sugar Refinery (Johor) Sdn Bhd (MSM Johor) has achieved a breakeven utilisation rate of 40 per cent in 2023 and aims to hit a utilisation factor (UF) of 50 per cent by year-end after its second boiler rectification work has been completed.

MSM Johor, a subsidiary of MSM Malaysia Holdings Bhd, initially targeted to achieve a 27 per cent UF for 2023.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MSM , refinery , Gula Super , Hasni Ahmad

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read