The manufacturing segment registered a profit before tax in Q1 FY2021 of RM1.19 million versus Q1 FY2020’s loss before tax of RM1.03 million. The higher shipment volume contributed to this improved result albeit there were increases in freight costs, higher usage of external reroll coils to supplement in-house production capacity and higher repairs and maintenance expenses. These increases were partially offset with lower general provisions requirements for slow moving inventories and customer complaints. For the property development segment, its EmHub project saw substantial construction progress, coupled with prudent cost controls and lower staff costs, net of higher marketing expenses. The higher construction progress has led to more progress billings to customers and higher recognition of progressive profits, translating into a profit before tax of RM8.74 million in Q1 FY2021 compared with Q1 FY2020’s profit before tax of RM0.28 million.
Good day! This is Stella from Brilliance Group in China. We are writing to you to establish long-term trade relations with you. We are a leading company with many years' experience in Aluminum export business.You may also visit our online company introduction, which includes our latest product. If you're interested, please let me know what kind of aluminum products you need,We'll give you a quote.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ahbah
6,238 posts
Posted by ahbah > 2021-05-20 12:48 | Report Abuse
I oredi told U so. No fight with kyy in the mkt bcos he is a mkt black belt holder lah. Better accept him as our master !