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Kawan sees resilient overseas demand

admin2022-10-0219

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FROZEN food manufacturer Kawan Food Bhd expects the strong overseas demand to persist as its customers abroad continue building on their inventories following supply chain issues that bogged them down earlier.

The group’s net profit in the second quarter of 2022 (2Q22) grew 72.63% to RM10.84mil from RM6.28mil in 2Q21, beating some analysts forecasts. This was on the back of higher sales in the local and export markets.

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  • 2022-10-02 00:31:59

    In a filing with Bursa Malaysia, the group said several headwinds were expected to remain due to the Russia-Ukraine conflict and lockdowns in China. These events had caused further strain on global supply chains that led to higher commodity and raw material prices.大家看看我!求带

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