ACG - Weak demand magnified by expenses for expansion - Earnings Flash
  • 24 Apr 2023
  • Company Research
- ACG reported weak Q1 2023 results with revenue and NPAT dropping 21% YoY and 70% YoY, respectively. These results achieved 15% and 6% of our respective revenue and NPAT forecasts for full-year 2023. - Per ACG, demand weakened across all segments (new ho