Foreign worker policy shift to aid Manforce recovery

Foreign worker policy shift to aid Manforce recovery

The Star Online - Business·2026-04-21 11:00

PETALING JAYA: Manforce Group Bhd

’s core earnings could potentially decline in financial year 2026 (FY26) and recover over FY27-FY28, led by the removal of foreign worker quota applications.

TA Research said the group is expected to record earnings growth of minus 4.4%, 15%, and 15%, translating into earnings of RM9.6mil, RM11mil, and RM12.7mil for FY26, FY27, and FY28, respectively.

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