RM23 mln court award: How M sian firm Power Root lost a round in long trademark tussle over its Ah Huat brand in Indonesia … for now theborneopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theborneopost.com Daily Mail and Mail on Sunday newspapers.
Power Root Bhd’s sales and net profit growth is expected to re-accelerate in the fourth quarter of financial year 2024 (4Q24) onwards premised on higher exports to the Middle East on restocking activities and higher sales contributions from Saudi Arabia as its new distributor ramps up sales initiatives.
Despite enjoying relatively resilient demand for staple-related products, consumer companies will likely see their margins come under pressure due to volatility of commodity prices.