Hup Seng remains cautious despite 3Q24 profit growth

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Hup Seng Industries Bhd remains cautious despite an encouraging third-quarter performance for the period ended Sept 30 (3Q24), given the highly competitive nature of the fast-moving consumer goods sector.

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Revenue for the quarter grew by 10.9%, reaching RM104.4mil compared with RM94.2mil.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: FMCGsector Dividend PalmOilPrices Revenue NetProfit Corporate News MarketAdaptability /Business/Business News HupSeng

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 272 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23451854

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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News Last Updated: 27 minutes ago

Coverage Areas: Malaysia

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