Pantech margins set to rise on advanced automation


Phillip Capital Research said the group enjoys a competitive edge from more favourable anti-dumping duties compared to the Chinese producer in Europe.

PETALING JAYA: Pantech Group Holdings Bhd has adopted more advanced automation technologies to drive greater production efficiencies, which would help support margin expansion.

According to Phillip Capital Research, the group had in August commissioned two units of laser piping and plate cutting machines, which are capable of replacing three units of conventional non-laser cut machines.

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

Next In Business News

Coastal Contracts seeks to up capacity in Mexico
Lower input costs a plus for businesses
Sunview unit takes over solar plant for RM70mil
Sasbadi eyes growth via new curriculum tenders
TT Vision bags RM7mil worth of orders
PBoC defies Wall Street
Topmix set for stronger revenue, thanks to thriving property sector
Vietnam EV maker weighs overseas IPO
Cypark redeems RM235mil sukuk early
Meta to acquire Chinese AI�startup firm

Others Also Read