PETALING JAYA: Hup Seng Industries Bhd
remains cautiously optimistic about its outlook for the rest of the year, despite anticipating a highly competitive operating environment amid ongoing global uncertainties, including developments in US trade policy.
“The group witnessed some margin compression due to cost pressures. Nevertheless, efforts to enhance operational efficiency will continue to mitigate as much as possible the impact of higher input costs,” the food and beverage company said.
