Q1 2021 operating profit of RM18m which is 6 times higher compared to Q1 2020 eventhough lower number of vessels. If compared to Q4 2020, it increased by RM6m. Given that BDI is favorable, profit for this year is definitely promising. Pls do not misled by the one-off gain in Q1 2020. Exclude this exceptional item, MBC performance is impeccable already. Lets wait for the upcoming quarter.
Stock: [MAYBULK]: MAYBULK BERHAD
2021-05-20 17:01 | Report Abuse
Q1 2021 operating profit of RM18m which is 6 times higher compared to Q1 2020 eventhough lower number of vessels. If compared to Q4 2020, it increased by RM6m. Given that BDI is favorable, profit for this year is definitely promising.
Pls do not misled by the one-off gain in Q1 2020. Exclude this exceptional item, MBC performance is impeccable already. Lets wait for the upcoming quarter.