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7th November 2022

Stock Digest - SLP Resources Bhd - Playing Catch-up Towards Year End

Seasonally, local sales will be supported by the higher demand ahead of the yearend festive seasons. We reckon that the export market recovery towards prepandemic levels (c. 60.0% of total revenue) may remain challenging for the time being. Meanwhile, the on-going adoption of automation and digitalisation process is expected to see net margins returning to above the low-teens level in FY23f.

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