TKH Group to divest cable business, focus on automation segment
PositiveFinancial Markets

TKH Group has announced its decision to divest its cable business to concentrate on its automation segment. This strategic move is significant as it allows the company to streamline its operations and focus on areas with higher growth potential, particularly in automation technologies. By reallocating resources, TKH Group aims to enhance its competitive edge and drive innovation, which could lead to improved financial performance and shareholder value.
— Curated by the World Pulse Now AI Editorial System