But my concern is although the revenue is increased due to high demand of technology device, but the profit margin slightly dropped due to strong USD (imported technology device).
ECS Chief Executive officer,Mr Soong Jan Hsung said" Despite the overall dampened consumer sentiment,our ICT Distribution segment continued to expand,strongly,recording the nine consecutive year-on year growth in the quarterly sales.This was primarily led by our expanded portfolio especially in the mobility products space,as we added new smartphone brands and latest product lines distributed through our channels. We are certainly attuned to the future market trends and endeavour to bring in the next generation products in tandem with readiness of the Malaysia market."
Prospects: The demand for consumer ICT products such as Notebook PCs has remained stable while smartphone sales continues to grow.With the introduction of new products consumer spending is expected to increase especially during the end of festive season. Although demand for Enterprise system remains slow,some projects will be fulfilled in Q4,and expected increase in contribution from ICT Distribution,the performance would be satisfactory for Q4 FY2015
ECS' net profit jumps 13.1% to RM22.1 million in 9m15 .9m15 revenue breaks RM1 billion mark on strong sales of PCs,tablets and smartphone. .Declares interim dividend of 3.0 sen per share in respect of its financial year ending 31 Dec 2015(FY15) In conjunction with the Groups 30th Anniversary,the Board of ECS also announced a special dividend of 5.0 sen per share.Together,this translates to dividend payout of RM14.4 million or 65% of 9m15 net profit
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....
tjhldg
27,218 posts
Posted by tjhldg > 2015-10-25 13:41 | Report Abuse
:)