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11th May 2022

Stock Digest - SLP Resources Bhd - A Slow Start

Moving forward, SLP will be targeting to bring its utilisation rate back to pre-Covid-19 levels, which is at around 75.0%. Local sales growth will be backed by the recovery in economic activities as the country entered into the endemic phase, while the Japanese market will be boosted by the upgrade of economic growth to +3.2% YoY (from +2.2% YoY) in 2022.

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