Thermal insulation material maker Superlon Holdings Bhd is eyeing more businesses from a new Australian customer that it has started supplying insulation tubes to, which it hopes to help boost the company’s sales and utilisation rate at its new plant in Vietnam.
The Vietnam plant, which commenced operations after the first quarter of this year, is now running at about half its capacity. The company is optimistic that the plant will see a utilisation hit of about 75% by the end of the current financial year ending April 30, 2020 (FY20), when it will break even due to economies of scale.
Good stock. Earning in the past 2 years have been impacted by the initial start up cost of the newly opened vietnam factory. It is d top 5 insulator producer in d world
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Posted by Happy Investing > 2019-11-26 16:41 | Report Abuse
ya, chart so good but keep dropping