Description

OCNCASH's two main business segments are insulation, which involves making and selling insulation products, and hygiene, which involves making and trading hygiene products.

Fundamentals

The Group expects its sales volume in Thailand to improve in 2024 as localisation processes are completed and Thai customers start purchasing locally. In Indonesia, sales volume is anticipated to increase in 2024 with the introduction of new products from a machine acquired in 2023. In Malaysia, the Group expects stable or slightly decreased volume due to economic uncertainties and a decrease in exports to Thailand.

Source: PublicInvest Research - 22 Jul 2024