WGB’s revenue for the current financial quarter dropped by RM12.89 million or 28.42% as compared to the immediate preceding quarter, mainly due to; i) reduction of revenue from IFM segment due to completion of a contract end of preceding quarter; and ii) reduction of revenue recognized from Construction segment following extension of time granted by customers for all projects being undertaken. Projects progress was slowed down by issues on site such as, discovery of big rocks underground that is obstructing pipe jacking works, and the discovery of compromised integrity and safety issues of an existing bridge that is being refurbished. For both situations, the customers require detailed studies and time to decide next course of action. In tandem with the decrease in revenue, PBT dropped by RM2.09 million or 24.56% as compared to the immediate preceding quarter.
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....
陳彥霆
937 posts
Posted by 陳彥霆 > 2019-08-27 17:24 | Report Abuse
QR out already, earn 5 mil