neither home ownership nor renting are currently able to meet people's needs, a predicament that covid made more complicated , as a result, people will experience much less, if any, of the office social bonding and friendships that local workers enjoy...the rise of working from home, presumably KANGER is meant to remedy those dynamics...the latest investment set KANGER's valuation at over RM 1 BILLION...
Revenue increased significantly by RM98.0 million or more than 100% in the current financial quarter ended 31 March 2022 (“Q42022”) as compared to the corresponding quarter ended 31 March 2021 (“Q5 2021”) mainly due to:-
(a) additional source of revenue from construction business segments amounting to RM90.8 million; (Note: As an evidence that the construction work is a new main source of revenue for Kanger).
(b) additional source of revenue from selling of building materials amounting to RM7.4 million; and (Note: this is a contribution from the Sung Master aquisition by Kanger).
(c) additional source of revenue from selling of medical and health care products of RM0.9 million. (Note: Revenue from the sales of heath care products such as face mask)
Also be noted that the revenue from the bamboo related goods in PRC = 0.
The gross profit recorded in Q4 2022 increased by more than 100% as compared to gross loss recorded in Q5 2021 mainly due to absent of higher discount given previously to the customers to clear some old stocks in Q5 2021.
Revenue increased significantly by RM98.0 million or more than 100% in the current financial quarter ended 31 March 2022 (“Q42022”) as compared to the corresponding quarter ended 31 March 2021 (“Q5 2021”) mainly due to:-
(a) additional source of revenue from construction business segments amounting to RM90.8 million; (Note: As an evidence that the construction work is a new main source of revenue for Kanger).
(b) additional source of revenue from selling of building materials amounting to RM7.4 million; and (Note: this is a contribution from the Sung Master aquisition by Kanger).
(c) additional source of revenue from selling of medical and health care products of RM0.9 million. (Note: Revenue from the sales of heath care products such as face mask)
Also be noted that the revenue from the bamboo related goods in PRC = 0.
The gross profit recorded in Q4 2022 increased by more than 100% as compared to gross loss recorded in Q5 2021 mainly due to absent of higher discount given previously to the customers to clear some old stocks in Q5 2021.
@MZM. Revenue and profit increases. Loss making bamboo business disposed. If expenses like administrative and other expenses minimize then the only direction the share price like rr1688 always say fly to the moon. Hope this quarter dream come true
asset kayamas sold the condos in genting highland for rm1300 per sq. ft.,.........which are more expensive than klcc area`s condo,.........the fair value for condo in genting highland only worth rm700 per sq. ft.
JJPTR 229 posts
Posted by JJPTR > 1 hour ago | Report Abuse
Chai Kin King lol tothe bankselling @$1300 psf. VC pay $246m for many units. Kanger paid $145m for many units too. Both these penny stocks are 20 qtrs loses company. How they have so much money to buy? RI,PP, ESOS. The next time they call or RI, ESOS,PP ,only ghost take up. Than the ghost will pump up and dump to sotong newbies
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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....
rr1688
3,170 posts
Posted by rr1688 > 2022-08-17 03:11 | Report Abuse
neither home ownership nor renting are currently able to meet people's needs, a predicament that covid made more complicated , as a result, people will experience much less, if any, of the office social bonding and friendships that local workers enjoy...the rise of working from home, presumably KANGER is meant to remedy those dynamics...the latest investment set KANGER's valuation at over RM 1 BILLION...