KUALA LUMPUR: Leon Fuat Bhd will closely monitor steel prices and related currencies, taking proactive steps like negotiating forward contracts and practicing prudent inventory management to minimise potential negative impacts.
“Our group will also continue to enhance the operating capabilities and efficiencies in meeting customers’ requirements and to ensure timely satisfaction of customer orders while keeping our operating costs at a manageable level.
“With the measures taken by the group in addressing the challenges, our board is optimistic that the group will achieve positive results for 2024,” the manufacturer and trader of steel products said in a Bursa filing.
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