2Q10 results preview. Adventa is due to announce its 2QFY10 results on 15 Jun. We expect Adventa to post low double-digit yoy revenue growth largely due to a combination of higher volume sales as a result of expansion in capacity, which came on-stream in the later part of 2009. This, however, would be offset by the higher raw material cost as latex price rose 62.7% yoy and weaker US$ (-7.4% yoy) against RM and as a result, core earnings could be flat yoy.
Adventa Berhad : Delay In Expansion Plan - 14/06/2010
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