PETALING JAYA: The mid to longer-term prospects of Kotra Industries Bhd are expected to be anchored by rising health awareness among consumers and the ageing society trend.
RHB Research has a “buy’’ call on the stock and this is premised on the group’s capacity-driven growth story.
Its existing manufacturing plant is running close to optimal capacity and the completion of a new plant this year should anchor growth, moving forward, it said.
RHB Research added that it is positive on Kotra as nutraceutical products are considered discretionary products
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