GEORGE TOWN: Chin Well Holdings Bhd
expects flat growth for the financial year ending June 30, 2024 (FY24) due mainly to weakening demand amidst soaring inflation in Europe.
Group executive director Tsai Chia-ling told StarBiz that Europe, a primary contributor to its revenue and profit margin, would generate only about 30% of the group’s FY24 income compared to 32% in FY23 and 43% in FY22.
