M+ Online
11th May 2022

Stock Digest - Hartalega Holdings Bhd - Impacted By Provision Of Prosperity Tax

We gather that plants utilisation rate has recovered as production activity resume uninterrupted. Moving forward, we expect utilisation rate to hover at current levels for FY23f. We were also guided that ASP trend appears to have stabilised, which we expect current prices that is above pre-pandemic level to hold throughout FY23f.

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