Business : Scanwolf expects to sustain double-digit revenue growth on pent-up demand for furniture


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|COVID–19 NEWS| KUALA LUMPUR, July 21 -- Scanwolf Corporation Bhd (Scanwolf) expects to sustain its double-digit revenue growth in its financial year 2022 (FY2022) on pent-up demand for furniture as the global vaccine rollout helps economies recover. Executive director Ng Chee Wai said a strong economic recovery would drive demand for its furniture plastic-edging business. “Our clients' feedback and the research conducted by our marketing team have shown that orders for furniture in the near future will continue to gain momentum,” he said in a statement today. The company is expected to complete its rights issue of irredeemable convertible unsecured...