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of its new USE-2/RHW-2 LV cable to the same customer, with
commercialization anticipated by 2Q25. US sales are expected to see robust growth in
FY25, supported by new product offerings and expanded capacity. Notably, the strong US sales are likely to enhance the group’s margins, given the market’s favourable
pricing dynamics.
US sales have been a standout performer for the group, driven
by its increased capacity commitment to a US customer, now delivering 45-50
containers of XHHW-2 cables per month compared to 1H24’s 40 containers.
Encouragingly, the customer has requested further increases in deliveries due to the
strong demand in the US market. To address this, the group plans to allocate part of
the new 5,000km capacity to this customer. Additionally, the group has submitted
sample
