ViTrox’s momentum forecast to continue into 4Q


CGSI Research said it expects the strong momentum to continue into the fourth quarter.

PETALING JAYA: Analysts are expecting better operational leverage and a lower effective tax rate to boost Vitrox Corp Bhd’s net profit.

In a report, CGS International Research (CGSI Research) said the machine vision solution provider’s third quarter results would have been stronger if not for the higher tax provisioning following the expiry of pioneer-status tax incentives for its subsidiary Vitrox Technologies Sdn Bhd in June.

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