Automotive, medical segments to spur Pentamaster performance

Phillip Capital said Pentamaster’s order-book replenishment in 1Q24 has been largely driven by the automotive segment.

PETALING JAYA: Pentamaster Corp Bhd’s 2024 earnings growth will be underpinned by the automotive and medical segments.

Its first quarter 2024 (1Q24) order-book replenishment is largely driven by robust automotive orders, particularly from China while its automotive product and medical customer diversification plan remains on track.