KUALA LUMPUR: Leon Fuat Bhd
remains cautiously optimistic of achieving positive results for the last quarter of 2023.
“With the challenging global and local economic outlook and to stay competitive, our group will remain vigilant on the movement of steel prices and related foreign currencies and will take proactive measures including negotiating forward contracts, where necessary, as well as prudent inventory management, to reduce any negative impact which may arise therefrom.
“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,” the manufacturer and trader of steel products said in a filing with Bursa Malaysia.
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