Pentamaster to be buoyed by medical segment

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PETALING JAYA: Pentamaster Corp Bhd’s key earnings growth in 2024 will be driven by the medical segment even as it anticipates recovery in the semiconductors and electro-optics segments in the second half of the year (2H24).

It is now anticipating flattish year-on-year revenue, with earnings to be cushioned by slightly better margins,” RHB Research said in a report.

Meanwhile, the semiconductor division is projected to post improved numbers in 2H, supported by the gradual recovery of the sector, with guidance suggesting a 10% to 12% share of total revenue.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Electro-optics Pentamaster Automotive Medical Corporate News /Business/Business News Semiconductors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 00:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 13 lines

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Copyright Owner: © The Star

News ID: 21945516

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