M+ Online
10th May 2023

Stock Digest - Hartalega Holdings Bhd - Impacted By One-Off Provision

During the quarter, we gather that average plant utilisation rate rose to 53.6% vs 42.2% recorded in 3QFY23, driven by signs of small green shoots of recovery in demand. Moving forward, HARTA will be embarking onto a 5-year strategic plan that entails operational rationalisation and production efficiency.

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