Utilisation rate and raw material costs. In 2Q10, Evergreen achieved a capacity utilisation rate (inclusive of Indonesia capacity) of 82%, up from 1Q10’s 77%. Raw material costs were also lower, and this was mainly due to the qoq fall in rubberwood and glue prices by 5.9% and 2.7% respectively. Management expects rubberwood log and glue prices to increase slightly in 2H10.
Evergreen Fibreboard Berhad : Promising Outlook, Attractive Dividend Yield - 17/09/2010
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