Does anyone have any info on the new non-woven needle punch machinery that has been installed at the factory recently? Info like capacity, potential revenue and profitability of this type of product.
Based on the quarterly results Q1 2024, it looks like there is a delay in any possible turnaround.
Note B1, there is a delay in the start of spunlace production.
Additionally, it looks like all is not well in Indonesia. Even after making substantial investment in cross lapping and vertical felt production lines, quarterly sales are lowest since Q4 2020.
Revenue in Thailand has not shown any improvement. Sales of only RM3.1 mil, significantly less compared to sales in Q4 22 when sales was RM5.7 mil.
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balvin71
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Posted by balvin71 > 2024-02-20 21:03 | Report Abuse
Does anyone have any info on the new non-woven needle punch machinery that has been installed at the factory recently? Info like capacity, potential revenue and profitability of this type of product.