Key Takeaways from $JHM / 0127 (JHM CONSOLIDATION BERHAD)'s AGM
Background
馃搶 $JHM / 0127 (JHM CONSOLIDATION BERHAD) engages in manufacturing precision miniature engineering metal parts and components.
馃搶 The company assembles electronic components using surface mount technology and automotive rear lighting.
馃搶 It also produces LED applications to support 3D effects.
馃搶 The Electronics Product segment generates the highest revenue.
馃搶 Geographically, the company exports its products to China, the United States, the United Kingdom, and Singapore.
Key Takeaways
馃搶 The company management indicated that its performance will show significant growth in the second half of this year and next year.
馃搶 The company has also signed contracts with two new clients this year, and production of these clients' products will commence in the second half of the year.
馃搶 Management stated that these two new clients will boost existing revenue, with growth potentially reaching 25%.
馃搶 The factory's productivity was not high from last year to the first half of this year; however, the management assures that all operations will return to track. Improvements are gradually being made in all aspects.