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Seacera Tiles Bhd will diversify into property development to broaden its income base in the medium to long term, said executive chairman Datuk Azizi Yom Ahmad.
Online investment advisor Surf88.com says that Kim Hin (RM2.68) managed to largely sustain sales and pre-tax profit for its Malaysian tiles operation in the seasonally weak fourth quarter was a surprise indeed.
KUALA LUMPUR: Kenanga Research has cut its FY18/19E earnings estimates for White Horse Bhd in light of the slower industry demand for tiles leading to stiffer competition.
WHITE Horse Bhd, which posted significantly higher turnover and net profit for the half-year ended June 30, should continue to show resilience in the second half-year, given its strong production capacity mix in terms of product size and range that will help it capture the rising demand for tiles, said RHB Research.