end of the year new factory will start running. this means by the end of the year they will sign up new contract, when? nobody knows. you can buy after they sign up or buy now and just wait for the good news.
The Electronic Manufacturing Services (EMS) sector is anticipating a healthy flow of contracts on the back of a pickup in consumer demand.
Hence, the reopening borders recently really benefit these EMS players. As when multinational firms can come in more easily, this will help in terms of contract flows which company can securing new customers.
Another thing, because of labour issues faced by ATA IMS, it benefited its peer in the industry as Dyson contracts will flow to SKP.
I am confident as the company have strong foothold in the plastic injection moulding, tool and die fabrication and the important point is strong contract manufacturing and component assembly.
- June 2022, On the other hand, we gather that the labour audit is completed – SKP expects positive results when the report of the findings is released in 1-2 weeks. via RHB Research (30 may 2022) - July 2022, two new production lines starts production with new intake of foreign workers. - Dec 2022, completion of construction of a new 4-storey c.750k sq ft plant (vs. previously planned 3-storey 600k sq ft) on a 6.4-acre land in Johor Bahru which will increase its total floor space by c.75%. This new facitilies boost a 60% additional capacity.
Andy Hall approve. this means Dyson can now official announce new contract for SKP. And since SKP is the first and one and only EMS approved by Andy Dewan, expect more contracts coming their way.
Maximisation of operational efficiency bear fruits.
Snapshot of FY2022 financial results - Revenue 2.32bil (up 3.12%) - Net profit - 173.4mil (up 30.14% against 133.24mil in 2021) - GP margin 13.99% - NP margin 7.47% - Operating CF - 50.98mil (about 29% of net income) - Capex 94.4mil invested in 650,000 sq ft facility in JB
The reduction in profit before tax for current quarter despite higher revenue for the current quarter ended 31 December 2022 was mainly due to new models having higher material contents and higher start-up cost incurred in relation to the new assembly lines that commenced to be in operations during the current quarter.
The construction of the new factory building on a newly acquired land at Negeri Johor having land size of approximately 6.4 acres has commenced from January 2022 onwards and is expected to be completed by first quarter of calendar year 2023.
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....
MiaoMiao7
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Posted by MiaoMiao7 > 2022-03-28 01:01 | Report Abuse
end of the year new factory will start running. this means by the end of the year they will sign up new contract, when? nobody knows. you can buy after they sign up or buy now and just wait for the good news.