TheEdgemarkets: Amid the Covid-19 pandemic, the group’s managing director Lim Kon Lian said it had received numerous requests for essential medical equipment from hospitals in various states across Malaysia, as well as from foreign countries, including Italy, Maldives, Mauritius, Brunei, and Bangladesh.
“This includes an urgent enquiry of 50,000 hospital beds to be supplied within a five-month time frame to one of the export market
last year revenue rm37 mil and reported inventories written off rm700k and lower selling price were the main factor contribute to the losses RM2.5 mil.. for the subsequent 9 months 2020 revenue oredi rm33.5 mil with profit rm1.2 mil..conservatively if LKL can maintains similar performance in Q3 2020..estimated overall sales would be rm47 mil and and profitability rm1.9 mil to rm2.0 mil..hopefully no inventories written off in FY2020..this could be the main catalyst even higher than 0.35 cent..huatttttt
26 Mac 2020 LKL: To supply RM6.6m of medical equipment to Sarawak government. LKL International will be supplying RM6.6m worth of personal protective equipment (PPE) for onward distribution to public hospitals under the Sarawak State Health Department. LKL said the supply would be timely as the state faces an increasing number of infections and deaths. LKL said the contract came on the back of PM Tan Sri Muhyiddin Yassin’s announcement on March 23 over an additional RM500m to the MoH to fight the outbreak across the country. (New Straits Times)
This year is LKL year,plenty of orders to fullfill no need to worry about their share price for at least for as long as the vaccines for covid-19 is still not found.
这些病床是特别从河北普康医疗设备有限公司 ( One of the Hebei Province China Company ),也就是中国河北最大的医疗设备制造厂( Largest healthcare eqiupment company in Hebei )所订购。目前,全世界许多国家包括意大利、西班牙、英国和美国,都在向中国/China订购加护病房适用的病床
The Board of Directors of LKL International is pleased to announce that LKLAM, a wholly-owned subsidiary of LKL International, was awarded an order for the procurement of PPE by the Sarawak State Health Department (“Order”) for a sum of RM7,075,800.00.
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....
hongheng7
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Posted by hongheng7 > 2020-03-25 17:03 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3038705