Qoq, results to be stronger. Evergreen expects 2Q10 results to be stronger by c.5% qoq, due mainly to higher sales volume coupled with higher average selling prices. Current capacity utilisation rate is above the 80% level while average selling prices have since strengthened by 3% in 2Q10 vs. 1Q10. Total cost of production has dropped by 2.5% in 2Q10.
Evergreen Fibreboard Berhad : Higher Dividend Payout, Outlook Remains Favourable - 2/6/2010
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