PublicInvest Research

Technical Buy - KEINHIN (7199)

PublicInvest
Publish date: Mon, 06 Mar 2023, 10:03 AM
PublicInvest
0 10,811
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

As the major and wholly-owned subsidiary of KEINHIN, Kein Hing Industry S/B is principally involved in sheet metal forming, precision machining, component assembly and manufacture and sales of gas appliances.

Fundamentals

For Malaysia operation, it may encounter some fluctuation in customer demand in view of global uncertainties and the potential slowdown. However, Vietnam operation is still expected to achieve growth in revenue following the construction of new factory and investment in plant and machinery.

Source: PublicInvest Research - 6 Mar 2023

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