So when we looked at Hup Seng Industries Berhad (KLSE:HUPSENG), they do have a high ROCE, but we weren't exactly elated from how returns are trending. For those that aren't sure what ROCE is ...
PETALING JAYA: MIDF Research has downgraded Hup Seng Industries Bhd to “neutral” from “buy”, citing significant increases in raw material prices since the first quarter of 2024 (1Q24).
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