@Hl123456 yes that when they start their business many many years back. Since IPO they creating new business line via manufacturing AOI- automated optical inspection among the patented product. ANd they are creating more new product manufacturing.
If u look at VITROX..when they start they too started as an equipment distributor too back in 2008 and venture into manufacturing. The share price skyrocketed.
This is ur second chance if u miss vitrox. Jangan tunggu lama lama , nanti lama lama di ambil orang..RM 1.50 on the way based PEG ration of 0.5 only right now..
“We are plugging in an aggressive target for growth in FY21; and overall growth should be in the double-digits. I won’t put an exact figure now, ” said managing director and president Chew Ne Weng.(pic)
PETALING JAYA: QES Group Bhd is eyeing a double-digit growth in revenue for the financial year ending Dec 31,2021 (FY21), driven by strong and sustained demand.
“We are plugging in an aggressive target for growth in FY21; and overall growth should be in the double-digits. I won’t put an exact figure now, ” said managing director and president Chew Ne Weng.
QES, which is in the semiconductor industry, makes inspection, measuring, automatic handling equipment for the wider industry.
“We have two divisions, which is distribution and manufacturing. The distribution side is generally very stable so we get about 8% to 10% growth, and that is considered very good. Whereas for the manufacturing side, we’ll try to double up, ” Chew told StarBiz.
He said the manufacturing side of the business chalked up very strong growth in the past few years because it grew from a low base.“Looking at FY19, the manufacturing side chalked up about RM8mil of sales but in FY20 it grew by about three times more to RM25mil. I’m targeting that in FY21 this should be at RM35mil to RM40mil (in sales).
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....
Sailangking
1,912 posts
Posted by Sailangking > 2021-02-14 20:33 | Report Abuse
can, at least 2 or 3yrs. believe it..