TT Vision to ride on strong order backlog

PETALING JAYA: TT Vision Holdings Bhd is expected to post growth in earnings in its second quarter ended June 30, 2024 (2Q24) driven by increased order deliveries and a robust order backlog, according to Phillip Capital Research.

It expects the company, which develops and manufactures machine vision equipment, to report higher sequential earnings in 2Q24, with its plant utilisation rising to 80% from 70% in 1Q24.