Notion VTec prepares for choppier forex markets

TheStar Wed, Aug 07, 2024 12:00am - 4 months View Original


HLIB Research said stabilised earnings will allow Notion VTec to position and prepare for further expansion in FY25.

PETALING JAYA: Notion VTEC Bhd anticipates the fourth quarter of its financial year 2024 (FY24) to progress at a moderate pace, in view of the volatility in foreign-exchange (forex) markets.

The provider of precision components and tools remains confident that FY24 will set a new benchmark in terms of both revenue and profits, marking a record year.

Stabilised earnings will allow Notion VTec to position and prepare for further expansion in FY25, said Hong Leong Investment Bank Research (HLIB Research).

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