{"id":8344,"date":"2023-07-14T01:22:49","date_gmt":"2023-07-14T01:22:49","guid":{"rendered":"https:\/\/broncos.my\/samar23\/?page_id=8344"},"modified":"2023-08-11T02:54:12","modified_gmt":"2023-08-11T02:54:12","slug":"management-discussion-and-analysis-3","status":"publish","type":"page","link":"https:\/\/broncos.my\/samar23\/management-discussion-and-analysis-3\/","title":{"rendered":"Management Discussion and Analysis 3"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8344\" class=\"elementor elementor-8344\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1c9c38 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1c9c38\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8796d88\" data-id=\"8796d88\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-596cebb ds elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"596cebb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;_animation_delay&quot;:500}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>MANAGEMENT DISCUSSION <br \/>AND ANALYSIS<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-918c012\" data-id=\"918c012\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c395449 elementor-hidden-mobile elementor-widget__width-initial elementor-widget elementor-widget-html\" data-id=\"c395449\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\n<div class=\"mainbtn\">\n  <div class=\"pageBtnsMainTwo\">\n    <a href=\"https:\/\/broncos.my\/samar23\/management-discussion-and-analysis-2\">\n      <div class=\"previousBtn\">\n       <img decoding=\"async\" class=\"pageBtns\" src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Back-01-1.png\"\n onmouseover=\"this.src='https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Back-02-1.png'\"\n onmouseout=\"this.src='https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Back-01-1.png'\" \/>\n        \n      <\/div>\n      \n    <\/a>\n  <\/div>\n  <div class=\"nextline\"><\/div>\n  <div class=\"pageBtnsMain\">\n    <a href=\"https:\/\/broncos.my\/samar23\/sustainability-statement\">\n      <div class=\"nextBtn\">\n         <img decoding=\"async\" class=\"pageBtns\" src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Next-01-1.png\"\n onmouseover=\"this.src='https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Next-02-1.png'\" \nonmouseout=\"this.src='https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Next-01-1.png'\"\/>\n      <\/div>\n    <\/a>\n  <\/div>\n<\/div>\n\n\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fe46f4 elementor-widget__width-initial elementor-widget elementor-widget-html\" data-id=\"9fe46f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n  .ds p{\r\n        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src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Music-01.mp3\" \/>\r\n    <\/audio>\r\n  <\/div>\r\n  <div class=\"custom-controls\">\r\n    <span class=\"play-pause-btn\" id=\"play-pause-btn\" onclick=\"togglePlay()\">\r\n      &#128266; <!-- Speaker icon -->\r\n    <\/span>\r\n  <\/div>\r\n<\/div>\r\n\r\n<script>\r\n  const audio = document.getElementById('custom-audio');\r\n  const playPauseBtn = document.getElementById('play-pause-btn');\r\n  let isPlaying = true; \/\/ Set isPlaying to true for autoplay\r\n\r\n  function togglePlay() {\r\n    if (isPlaying) {\r\n      audio.pause();\r\n      playPauseBtn.innerHTML = \"&#128263;\"; \/\/ Change to muted speaker icon\r\n    } else {\r\n      audio.play();\r\n      playPauseBtn.innerHTML = \"&#128266;\"; \/\/ Change back to speaker icon\r\n    }\r\n    isPlaying = !isPlaying;\r\n  }\r\n<\/script>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fec72fd elementor-widget__width-initial elementor-hidden-mobile elementor-widget elementor-widget-html\" data-id=\"fec72fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n  .ds p{\r\n        line-height: 30px!important; \/* Adjust the value as needed *\/\r\n    }\r\n    <\/style>\r\n   <style>\r\n\r\n\r\n.ju {\r\n  position: absolute;\r\n  top: 50%;\r\n  left: 50%;\r\n  transform: translate(-50%, -50%);\r\n  width: 80%;\r\n\r\n  \r\n}\r\n\r\n\r\n.ju::-webkit-scrollbar {\r\n  width: 4px;\r\n}\r\n\r\n.ju::-webkit-scrollbar-track {\r\n  background-color: #4dbdc6; \r\n}\r\n\r\n.ju::-webkit-scrollbar-thumb {\r\n  background-color: #fff; \r\n}\r\n\r\n\r\n    .ju li {\r\n        position: relative;\r\n        list-style: none;\r\n        word-spacing: 2px;\r\n    }\r\n\r\n    .ju li a {\r\n        position: relative;\r\n        display: block;\r\n        text-decoration: none !IMPORTANT;\r\n        text-transform: uppercase;\r\n        font-size: 1em;\r\n        font-weight: 400;\r\n        font-family: 'open sans';\r\n        color: rgba(0, 0, 0, .4);\r\n        padding: 0px;\r\n    }\r\n\r\n    .ju li a:before {\r\n        content: attr(data-text);\r\n        position: absolute;\r\n        top: 0;\r\n        left: 0;\r\n        color: white;\r\n        background-repeat: repeat-x;\r\n        animation: wave 2s linear infinite;\r\n        transition: .8s;\r\n        width: 0;\r\n        overflow: hidden;\r\n        white-space: nowrap;\r\n        padding: 0;\r\n    }\r\n\r\n    .ju li a:hover:before {\r\n        width: 100%;\r\n    }\r\n\r\n    @keyframes wave {\r\n        0% {\r\n            background-position: 0px;\r\n        }\r\n        100% {\r\n            background-position: 100px;\r\n        }\r\n    }\r\n\r\n    \/* menu *\/\r\n    .theContents {\r\n        background: #4dbdc6;\r\n        position: fixed;\r\n        left: 0;\r\n        height: 100vh;\r\n        top: 0;\r\n        z-index: 10001;\r\n        width: 70px !important;\r\n        cursor: pointer;\r\n         border-right: 1px solid #fff;\r\n        transition: width 0.3s ease;\r\n    }\r\n\r\n    .theContents-sub {\r\n        position: absolute;\r\n        top: 50%;\r\n        left: 50%;\r\n        transform: translate(-50%, -50%);\r\n        width: 100%;\r\n    }\r\n\r\n    .theContents-sub h3 {\r\n        color: #fff !important;\r\n        margin: 0px !important;\r\n        transform: rotate(270deg) !important;\r\n        white-space: nowrap !important;\r\n        font-size: 20px !important;\r\n    }\r\n\r\n   .menu {\r\n    position: fixed;\r\n    top: 0;\r\n    left: -100vw;\r\n    width: 100vw;\r\n    height: 100vh;\r\n    background-color: rgba(104, 222, 224 , 0.9); \r\n    z-index: 9999;\r\n    transition: left 0.5s ease;\r\n}\r\n\r\n   .menu.open \r\n   {\r\n        left: 0;\r\n    }\r\n\r\n    .close-btn {\r\n        position: absolute;\r\n        top: 6%;\r\n        right: 10%;\r\n        cursor: pointer;\r\n        font-size: 50px;\r\n    }\r\n\r\n    .close-btn:hover {\r\n        color: #fff;\r\n    }\r\n\r\n    @media only screen and (max-width: 950px) {\r\n        .theContents {\r\n            width: 40px !important;\r\n        }\r\n        .theContents-sub h3 {\r\n            font-size: 15px !important;\r\n        }\r\n        .ju li a {\r\n        color: rgba(0, 0, 0, .7);\r\n        font-size: 1em;\r\n        font-weight: 400;\r\n        \r\n    }\r\n    .ju{\r\n        width: 100%;\r\n         position: absolute !important;\r\n        \r\n        left: 56% !important;\r\n        \r\n    }\r\n      .times-symbol {\r\n        font-size: 50px!important;\r\n        font-weight: normal;\r\n\r\n    \r\n    }}\r\n    \r\n    \r\n.times-symbol \r\n   {\r\n    font-size: 50px;\r\n    font-weight: normal;\r\n    display: flex;\r\n    justify-content: center; \r\n    align-items: center; \r\n    height: 100%; \r\n    padding-bottom: 10px;\r\n  }\r\n\r\n.menu.open {\r\n    display: block;\r\n\r\n    \r\n}\r\n\r\n\r\n\r\n<\/style>\r\n\r\n\r\n <div class=\"theContents\" onclick=\"toggleMenu()\">\r\n    <div class=\"theContents-sub\">\r\n        <h3 id=\"menuToggleText\">CONTENTS<\/h3>\r\n    <\/div>\r\n<\/div>\r\n<div class=\"menu\" id=\"menu\">\r\n  \r\n    \r\n        <ul class=\"ju\">\r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/\" data-text=\"HOME\">HOME<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/contents\/\" data-text=\"Contents\">Contents<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/GROUP-FINANCIAL-HIGHLIGHTS\" data-text=\"GROUP FINANCIAL HIGHLIGHTS\">GROUP FINANCIAL HIGHLIGHTS<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/OUR-BOARD-OF-DIRECTORS\" data-text=\"OUR BOARD OF DIRECTORS\">OUR BOARD OF DIRECTORS<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/OUR- MANAGEMENT-TEAM\" data-text=\"OUR MANAGEMENT TEAM\">OUR MANAGEMENT TEAM<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/CORPORATE-INFORMATION\" data-text=\"CORPORATE INFORMATION\">CORPORATE INFORMATION<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/GROUP-STRUCTURE-AND-ACTIVITIES\" data-text=\"GROUP STRUCTURE AND ACTIVITIES\">GROUP STRUCTURE AND ACTIVITIES<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/MANAGEMENT-DISCUSSION-AND-ANALYSIS\" data-text=\"MANAGEMENT DISCUSSION AND ANALYSIS\" class=\"pageActive\">MANAGEMENT DISCUSSION AND ANALYSIS<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/sustainability-statement\/\" data-text=\"SUSTAINABILITY STATEMENT\">SUSTAINABILITY STATEMENT<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/particulars-of-properties\/\" data-text=\"particulars of properties\">particulars of properties<\/a><\/li>\r\n            \r\n            <li><a href=\"https:\/\/broncos.my\/samar23\/Other-Section\" data-text=\"Other Sections\">Other Sections<\/a><\/li>\r\n            \r\n        <\/ul>\r\n    <\/div>\r\n\r\n    <script>\r\n    function toggleMenu() {\r\n        var menu = document.getElementById(\"menu\");\r\n        var menuToggleText = document.getElementById(\"menuToggleText\");\r\n\r\n        menu.classList.toggle(\"open\");\r\n\r\n        if (menu.classList.contains(\"open\")) {\r\n                       menuToggleText.innerHTML = \"<span class='times-symbol'>&times;<\/span>\"; \r\n\r\n        } else {\r\n            menuToggleText.innerHTML = \"CONTENTS\"; \/\/ Change the text back to \"CONTENTS\"\r\n        }\r\n    }\r\n<\/script>\r\n\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2db7610 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2db7610\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-691844f\" data-id=\"691844f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4caef89 animated-slow elementor-invisible elementor-widget elementor-widget-image\" data-id=\"4caef89\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;,&quot;_animation_delay&quot;:1000}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic.jpg\" class=\"attachment-full size-full wp-image-8898\" alt=\"\" srcset=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic.jpg 1920w, https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic-300x169.jpg 300w, https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic-1024x576.jpg 1024w, https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic-768x432.jpg 768w, https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic-1536x864.jpg 1536w, https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/07\/CusProgPic-1200x675.jpg 1200w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-adb8ed1 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"adb8ed1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0d85875 animated-slow elementor-invisible\" data-id=\"0d85875\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;,&quot;animation_delay&quot;:1500}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4875c20 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4875c20\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2c6b0f0 scroll\" data-id=\"2c6b0f0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-43c9af9 ds1 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"43c9af9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;_animation_delay&quot;:1701}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>CUSTOMERS AND <br \/>PROGRAMMES<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48c5161 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"48c5161\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:1800,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aerospace <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9020f6 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"a9020f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:1900,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe steady recovery of air passenger travel over the \nentire financial year enables the revenue of our Aerospace \nbusiness to increase by 30.7% in FY2023. This increase in \ndemand was for a broad range of commercial and business \njet products, with the strongest recovery for products used \nin the single-aisle aircraft of Airbus 320neo and Boeing \n737Max. The production rate of twin-aisle aircraft such as \nthe Airbus 350 and Boeing 787 are expected to pick up in \nthe coming year\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98e6a61 elementor-widget elementor-widget-text-editor\" data-id=\"98e6a61\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Equipment<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4a589f elementor-widget elementor-widget-text-editor\" data-id=\"d4a589f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWe have achieved another record year of revenue RM1.1 \nbillion for our Equipment business, a 24.6% increase \nover FY2022\u2019s record. Although there was a softening in \nour data storage business segment, it was offset by the \ncontribution from new product launches and increase in \nour Semiconductor Front-end content. We are actively \nworking with our equipment customers to support their \ngrowing needs and introduction of new product lines to \nmeet our strategic and growth expectations.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f19ed2d animated-slow elementor-invisible\" data-id=\"f19ed2d\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;,&quot;animation_delay&quot;:2000}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-85b90b8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"85b90b8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a7a0a3a scroll\" data-id=\"a7a0a3a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e9e8f7 ds1 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"6e9e8f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;_animation_delay&quot;:2200}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>OPERATION INITIATIVES <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2c8b88 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"d2c8b88\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:2300,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aerospace <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b38799 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"4b38799\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:2400,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tFY2023 was a challenging year as the world faced increased \noperating costs and supply chain disruptions, contributed \nby shortage of labour, the impact of the Russia-Ukraine \nconflict, high inflation and high interest rates. With the \nincreased demand for our aerospace business, we focused \non retaining our core talents and hiring sufficient manpower \nto support customer needs. Initiatives to improve our \nproductivity and to keep abreast with latest manufacturing \ntechnologies through digitisation and automation continue \nto be our core focus, as we endeavour to stay ahead of \ncompetition. \n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c695e3 elementor-widget elementor-widget-text-editor\" data-id=\"1c695e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Equipment<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ce3cae elementor-widget elementor-widget-text-editor\" data-id=\"2ce3cae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIn FY2023, we made significant progress in our expansion \nin Thailand. Besides the 2 factories already at the Rojana \nIndustrial Park, we have acquired a new 1,000,000 ft2\n site in \nBan Bueng, Chon Buri province. This further increases our \nproduction capacities in tandem of our anticipated needs \nin the coming years.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ebe157d elementor-widget elementor-widget-text-editor\" data-id=\"ebe157d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tOur first factory at Rojana is into its second year of its \noperation and we are scheduling another 2 factories (one \nin Rojana and one in Ban Bueng) to start mass production \nin FY2024. By replicating our manufacturing capability in \nThailand, it also fulfils our strategic intent to develop a \nrobust Business Continuity Plan (BCP), we safeguard our \ncustomer needs.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5272962 elementor-widget elementor-widget-text-editor\" data-id=\"5272962\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWe have also relocated our businesses at the Wang Noi \n(Ayutthaya) factory into our Rojana facility in Ayutthaya.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-373aea5 elementor-invisible\" data-id=\"373aea5\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;bounceInRight&quot;,&quot;animation_delay&quot;:2500}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-afe1a15 animated-slow elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"afe1a15\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;,&quot;animation_delay&quot;:3500}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-92d3f44 scroll scroll2\" data-id=\"92d3f44\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1c5c8b ds1 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"e1c5c8b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;_animation_delay&quot;:3700}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>OUTLOOK<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-027316f animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"027316f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:3800,&quot;_animation&quot;:&quot;slideInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aerospace <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adb6a3f animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"adb6a3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:3900,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tGlobal air passenger traffic has exhibited steady recovery in the past year. The International Air Transport Association1\nreported that air passenger travel has recovered to 88% of pre-pandemic level (2019) as of March 2023. This is largely \ncontributed by the reopening of China and easing of travel restrictions. In addition, Asia Pacific carriers have also experienced \nstrong recovery with a significant increase in international passengers between the region and the rest of the world.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-540946c animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"540946c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:4000,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAirbus and Boeing have delivered a total of 1,141 aircraft in 2022, a 17% increase from 2021. Forecast International Inc.<sup>2<\/sup>\nestimated that commercial aircraft production in 2023 would be in the order of 1,200 to 1,300 aircraft. The combined order\nbacklog of Airbus and Boeing commercial aircraft remained healthy at approximately 12,600 units<sup>3<\/sup>\nas of 31 March 2023.\nThis translates to a backlog of 9.1 years for Airbus and 6.6 years for Boeing at pre-pandemic 2018<sup>4<\/sup>\ndelivery rates.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48aac38 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"48aac38\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:4100,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe demand for single aisle aircraft products remains strong. However, the Aerospace industry is suffering from some \nsupply chain issues as materials suppliers face challenges in ramping production rate back to pre-pandemic levels. We are \nmonitoring the situation, actively engaging our customers and suppliers to mitigate risks and optimise our production.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3850fdf animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"3850fdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:4200,&quot;_animation&quot;:&quot;fadeInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol>\n \t<li>International Air Transport Association (IATA) represents some 300 airlines comprising 83% of global air traffic.<\/li>\n \t<li>Forecast International Inc is a provider of market intelligence forecasting, proprietary research and consulting services \nfor the worldwide Aerospace, Defence, Electronics and Power Systems industries.<\/li>\n\n \t<li>Boeing\u2019s order backlog figures refers to unfilled orders before ASC 606 adjustment. <\/li>\n\n \t<li>Aircraft deliveries in 2022 was partially affected by the suspension of deliveries of Boeing 787 due to concerns raised \nby FAA, hence 2018 delivery rates were used for the comparison. <\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5803d1 animated-slow elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"f5803d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation_delay&quot;:4300,&quot;_animation&quot;:&quot;slideInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Equipment<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf99de4 elementor-widget elementor-widget-text-editor\" data-id=\"cf99de4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAccording to Semiconductor Equipment and Material International (SEMI), global fab equipment spending has achieved \na record high of USD98 billion in 2022. Due to the weaken chip demand and higher inventory of consumer devices, fab \nequipment spending in 2023 is forecasted to decline to USD76 billion, before recovering to USD92 billion in 2024.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb01bf0 elementor-widget elementor-widget-text-editor\" data-id=\"cb01bf0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tNotwithstanding the short-term dip, the long-term business drivers of semiconductor industry remained intact. Mega trends \nin digitalisation and electrifications will continue to spur growth in cloud computing, high-speed network connectivity, \nartificial intelligence (AI) and electric vehicles, thus fuelling demand for semiconductor chips. Governmental efforts and \ninitiatives  to onshore the  production of semiconductor chips in the US, EU zone, Japan, Korea and Taiwan,  have also \ntriggered increased spending in semiconductor production equipment. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8637c4d elementor-widget elementor-widget-text-editor\" data-id=\"8637c4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWe are expanding our production capacity in Thailand in response to our customers\u2019 demand forecasts and commitments. We \nare working closely with customers and suppliers to mitigate risks and will continue to pursue new business opportunities \nthat meet our strategic and business requirements.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea4dd73 elementor-section-stretched btnsec elementor-hidden-desktop elementor-hidden-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ea4dd73\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-da73514\" data-id=\"da73514\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8573956 nextIcon elementor-widget elementor-widget-image\" data-id=\"8573956\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/broncos.my\/samar23\/MANAGEMENT-DISCUSSION-AND-ANALYSIS-2\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"243\" height=\"95\" src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Back-01-1.png\" class=\"attachment-large size-large wp-image-14820\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-27cb5ef\" data-id=\"27cb5ef\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de9f3cf elementor-widget elementor-widget-html\" data-id=\"de9f3cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\n    .nextIcon img{\n        width: 60px;\n        height: 25px;\n    }\n    .btnsec{\n        position: fixed !important;\n        bottom: 0;\n        left: 0;\n               z-index: 1000!important;\n        \n        \n    }\n<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-56e48f5\" data-id=\"56e48f5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a95cf24 nextIcon elementor-widget elementor-widget-image\" data-id=\"a95cf24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/broncos.my\/samar23\/sustainability-statement\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"243\" height=\"95\" src=\"https:\/\/broncos.my\/samar23\/wp-content\/uploads\/2023\/08\/Next-01-1.png\" class=\"attachment-large size-large wp-image-14817\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MANAGEMENT DISCUSSION AND ANALYSIS &#128266; CONTENTS HOME Contents GROUP FINANCIAL HIGHLIGHTS OUR BOARD OF DIRECTORS OUR MANAGEMENT TEAM CORPORATE INFORMATION GROUP STRUCTURE AND ACTIVITIES MANAGEMENT DISCUSSION AND ANALYSIS SUSTAINABILITY STATEMENT particulars of properties Other Sections CUSTOMERS AND PROGRAMMES Aerospace The steady recovery of air passenger travel over the entire financial year enables the revenue of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"h5ap_radio_sources":[],"footnotes":""},"class_list":["post-8344","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/pages\/8344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/comments?post=8344"}],"version-history":[{"count":130,"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/pages\/8344\/revisions"}],"predecessor-version":[{"id":16552,"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/pages\/8344\/revisions\/16552"}],"wp:attachment":[{"href":"https:\/\/broncos.my\/samar23\/wp-json\/wp\/v2\/media?parent=8344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}