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High resin prices spur panic buying of SLPs products
PETALING JAYA: Analysts have increased their valuations on packaging firm SLP Resources Bhd on expectations of improved orders and therefore increased earnings.
Plastic packaging maker has enough to maintain operations for 2 years
KUALA LUMPUR: Affin Hwang Capital research has maintained its "sell" recommendation on SLP Resources Bhd following the release of weak first quarter earnings.
PETALING JAYA: The Malaysian electrical and electronic (E&E) industry lauds the government’s decision to allow selected economic sectors that have been operating at half capacity to operate at full capacity beginning today.
PETALING JAYA: The overall weaker demand amidst the coronavirus (Covid-19) pandemic is expected to weigh on the earnings of SLP Resources Bhd this year.
GEORGE TOWN: SLP Resources Bhd will ship out about 7,500 tonnes of flexible packaging materials for the first half of 2020, which is about 10% to 15% down from about 8,800 tonnes delivered in the previous year corresponding period.
GEORGE TOWN: The electronic manufacturing sector in Penang is the hardest hit by the coronavirus (Covid-19), as many of the test equipment and chip producers here face a serious shortage of raw materials, an unprecedented situation that has disrupted production.