Inandouthunter

TGUAN - Demand of plastic packaging products

Long
MYX:TGUAN   THONG GUAN INDUSTRIES BHD
Foodpanda, grab, takeaway, or anything you could think of.

Adapting well to the new normal, focus on improving sales and margins for existing products (i.e. stretch film), and aims to target more export markets.
It is also concentrating on continued expansion into higher-margin production lines to sustain the plastic segment’s margins going forward.

Revenue for the nine months was up 11.97% at RM586.43 million from RM523.76 million in the corresponding nine months last financial year.

It's good to have at this price level with a good risk and reward ratio. :)

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