Earnings for Power Root set to recover next year


PETALING JAYA: Beverage company Power Root Bhd’s core earnings are expected to bottom this year before rebounding next year due to higher raw-material costs and a slower recovery for its earnings, export sales.

CGS International (CGSI) Research said it is still positive on Power Root’s local revenue growth but believes the struggles with its export markets will continue for the rest of this year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read