remain strong as many countries continue to adopt the work-from-home practice to contain the spread of the Covid-19 virus.
The group has reportedly been receiving very strong sales orders for delivery until November 2021.
Demand for furniture has remained resilient as employees from around the globe continued to work from home.
Based on data from the Malaysia External Trade Statistics, furniture exports from Malaysia to north America have increased significantly.
This has prompted TA Research to maintain its upbeat view on the outlook for Poh Huat.
The research house also pointed out that both Poh Huat’s plants in Malaysia and Vietnam are currently operating at an average utilisation rate of more than 90%.