Tasco, which derives about 40% of its revenue from its airfreight and ocean freight forwarding divisions, saw net profit grow 364% to RM41.27 million year on year for the financial year ended March 31, 2021 (FY2021), while revenue rose 27% y-o-y to RM946.61 million in that period.
Wah, transport sector today on Viagra and Steroids. What's the flashpoint?
To my knowledge, international shipping has a heavy backlog. Is this the start of the build-up for end year goods movement, i.e. Christmas + Chinese New Year.
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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....
Invest_888
1,064 posts
Posted by Invest_888 > 2021-06-19 16:25 | Report Abuse
Why Tasco dropped a lot this Friday?
Buy opportunity?