KHPT set to benefit from continuing growth in automotive sector


PETALING JAYA: KHPT Holdings Bhd is expected to achieve net profit growth rates of 5.1% and 12.9%, reaching RM6.6mil for financial year 2024 (FY24) and RM7.5mil for FY25, respectively, says TA Research.

The research house said the increase in the earnings for the automotive parts manufacturer was expected to stem from higher sales volumes of automotive parts and components, along with improved margins, while projecting that automotive parts sales volume would rise by 1% in FY24 and 4% in FY25.

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