YHI International Limited (SG:BPF) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
YHI International Limited experienced a fire at its Kuala Lumpur warehouse, affecting operations and damaging inventory valued at approximately MYR 15.6 million. The company is working with suppliers to replenish stock and restore normal operations, while also searching for a new distribution location. Despite the setback, the majority of the inventory was insured, and the company is assessing the financial impact for its 2024 fiscal year.
For further insights into SG:BPF stock, check out TipRanks’ Stock Analysis page.