Key Takeaways from [%mcsT%] AGM

📌 Management indicated that this year's profit will maintain a low double-digit growth rate.
📌 The factory's utilization rate averaged 60% in 2023, and the current utilization rate is 70%.
📌 Management expects HDD profit growth of 10% and non-HDD profit growth of 20% in the coming years.
📌 HDD still accounts for as much as 70% of total revenue, while the remaining 30% comes from other businesses.
📌 The new factory in Bukit Minyak, which focuses on sheet metal fabrication, has been operational since last year. Management expects this business to grow by 20% this year and maintain a growth rate of 10-20% over the next five years.
📌 In summary, management will continue to expand the business market to increase market share while exploring new fields for development opportunities.

Key Takeaways from $KLSE-DUFU AGM

📌 Management indicated that this year's profit will maintain a low double-digit growth rate.
📌 The factory's utilization rate averaged 60% in 2023, and the current utilization rate is 70%.
📌 Management expects HDD profit growth of 10% and non-HDD profit growth of 20% in the coming years.
📌 HDD still accounts for as much as 70% of total revenue, while the remaining 30% comes from other businesses.
📌 The new factory in Bukit Minyak, which focuses on sheet metal fabrication, has been operational since last year. Management expects this business to grow by 20% this year and maintain a growth rate of 10-20% over the next five years.
📌 In summary, management will continue to expand the business market to increase market share while exploring new fields for development opportunities.

$DUFU / 7233 (DUFU TECHNOLOGY CORP. BERHAD)