KUALA LUMPUR: YLI Holdings Bhd believes that demand for the group’s products such as pipe and fittings made of ductile iron, mild steel and high-density polyethylene will gradually improve over time.

       This is in line with the government’s move to intensify its efforts in improving the country’s water infrastructure and delivery to reduce the currently high rate of non-revenue water and avoid water shortages in the future, the group said.

       “Additionally, the group would likely see further improvement in its operational efficiency, moving forward, as a result of its past and ongoing upgrades of production machinery,” it said in a filing with Bursa Malaysia.

       YLI said it will continue to focus its efforts on cost containment to retain its position as Asean’s leading manufacturer and supplier of premium quality water and sewerage pipes and fittings. — Bernama