Apex Securities Research expects Seng Fong to post a net profit of RM72.2mil for FY25, up from the record RM57.3mil achieved in FY24.
PETALING JAYA: Rubber processing company Seng Fong Holdings Bhd
, which recently posted a record annual profit for its financial year ended June 30, 2024 (FY24), is poised to achieve a 26% increase in its bottom line for FY25, according to Apex Securities Research.
The research house expects Seng Fong to post a net profit of RM72.2mil for FY25, up from the record RM57.3mil achieved in FY24.
