KLSE (MYR): PHARMA (7081)
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Last Price
0.39
Today's Change
+0.01 (2.63%)
Day's Change
0.38 - 0.39
Trading Volume
314,400
2024-09-29
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DrMBTK
136 posts
Posted by DrMBTK > 2021-10-15 03:11 | Report Abuse
PharmaNiaga is a fundamentally strong company and the government allows them to secure a profit margin even up to a max of 16% compared to others around 3-5% margin only..In 2019, their revenues was RM1.3 Billion plus! And secured and conquered around 30 - 40% of medicine market in Malaysia. The same sales shall continue and in fact, it keeps on increasing by at least 10% annually. Hence, I can conclude that there is still a light at the end of the tunnel. Just waiting for the right time and golden moment, it will definitely bounce back and shine!