SINGAPORE (Nov 18): Maybank Kim Eng reckons Valuetronics will be boosted by new industrial customers and margin expansion going forward, despite a slump in consumer demand for its LED products.

These new customers include a US-based automotive customer, which have already contributed a significant 3%-5% to total revenue, notes the research house.

Two additional customers in the printer and telecom industries are expected to be secured in 2HFY3/17.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook