Reference:
https://q.stock.sohu.com/cn,gg,300677,9746756998.shtml

Government subsidy just 24 million in Intco latest half yearly financial statement. Is not significant at all.

Other income mainly came from interest income 51m and 公允价值变动损益 I guess is revaluation of asset 88m.

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Intco didn't put the cash into FD earn 3% interest but 理财产品。Something like Unit trust.

i swear with my life, I didn't play the flag.

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I don't have to know where the other income came from I`m not interested to know.

If operating profit is negative means the gloves operation is making lost. Every pair of gloves they produced the company compensated the lost.

As simple as this. Don't have to argue.

Operating lost is core business lost. The profit came from other income. The more gloves they produced the more lost incurred. Yet they so greedy expending the production capacity. Once the cash used up, where to borrow money in current China financial situation. Chinese said 自掘坟墓。

Aiyah Mike you terpijak ekor anjing that's why this anjing following you across I3 forum! 🤣🤣🤣🤣🤣🤣

You show me your ability first else you just a talk kok queen. All stocks I promoted so far in I3 are 100% green with gain or paper gain. What do you have?

Can you show me any stock I promoted in lost?

Thank you very much super911!

Posted by super911 > 15 seconds ago | Report Abuse

For the past 5 consecutive quarters, Intco has been making operating loss. This is the fact. https://www.tradingview.com/symbols/SZSE-300677/financials-income-statement/

Supermax cash dropped 1 billion in just one year. I believe mainly due to US plant expension. Expending production capacity at this junction with thin gross margin could bring down the entire business.

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This time going to break 0.30..Ini kali lah!!!

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China Intco going to run into cash flow problem for over expending the production. Too greedy ended up with disaster! Following is a Google translated from one of the article:

After terminating three glove production expansion projects last year (with a total annual output of 63.1 billion gloves), according to this year’s semi-annual financial report, Intco Medical still has multiple medical glove expansion projects on its books with a total annual production capacity of more than 100 billion gloves. The project is under construction. The financial report shows that Jiangxi Intco Company's annual output of 27.168 billion high-end medical gloves has a project budget of 2.564 billion yuan, Shandong Intco Company's annual output of 50 billion high-end medical gloves has a budget of 3.952 billion yuan, and Anqing Intco Company has an annual output of 40 billion yuan. Only the high-end medical gloves project has a budget of 4 billion yuan; the total budget of the above three projects has exceeded 10 billion, reaching 10.516 billion yuan. As the current business cannot reach full production and sales, Yingke Medical's expansion plan requires such a huge investment, and the company's cash flow cannot fully cover it. The funding gap is a problem, and whether the future production capacity can absorb more is a question

Malaysia manufacturers closing up the cost price gap from USD 4 per 1000 pieces to USD 1 to 2 per 1000 pieces. Malaysia's quality is more superior and stable than China Manufacturers. Some more 85% of Topglov business are OEM customers. They will stick to the same manufacturer if the price gap is not significant.

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Haha haha siao lang behavior sniffing like a dog.

Posted by TalkNumberOne > 1 hour ago | Report Abuse

Mabel why siao lang sniffing you from behind all the time? Hahaha😂😂😂😂😂

Kossan should have a green profit.

One Box of glove shipping cost is 1.4 cent cheaper than Malaysia. Is this significant? Both China and Malaysia also victim of Red Sea Crisis.

Her own statement she has to proof it with data. This got nothing to do with me.

Did I said Malaysia shipping cost is cheaper than China now?? You show it to me.

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0.60 already broken, next challenge 0.70 close up the previous gap after the QR release. Ji bai hoseh liao!

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Sorry I didn't say China shipping cost is more expensive than Malaysia.

I said China shipping cost is 163% more expensive than pre pandemic. My point is China also impacted by Red Sea Crisis not just Malaysia. Do your dumb brain understand my statement?

You came out with Malaysia shipping cost is more expensive than China, you yourself have to proof it. As simple as this.

I told you many times, is your own statement you yourself have to proof it. As simple as this. So simple your dumb brain cannot understand?

Just RM 0.014 per box of glove more expensive than China. Does this make a lot of different.

I posted China shipping cost is 163% more expensive compared to pre pandemic. China also impacted by red sea crisis. Are they exempted?

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I don't do challenge with despicable, dishonest people. Two months ago gave you 3 trading days to accept my challenge, did you accepted my challenge?

I proven you tin kosong 3 rounds did you agreed you were wrong in your statement?

How dare you challenge me now! Go fxck yourself, is your responsibility to proof your own statement. Don't talk kok!

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Banyak panlai punya investor invest only one share 10 years return Negative 20%!!!

Hahahahahahahahhaah

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