Margin compression as expected in net profit due to high cost of sales. In view of the current weakness in the semiconductor sector, this QR is still respectable despite revenue growth quarter on quarter basis grind to a halt. Not much catalyst moving forward, except for the company's strong expansion in anticipation of future semiconductor recovery. Provided you agree with management outlook.
On behalf of the Board of Directors of SFP Tech, Public Investment Bank Berhad wishes to announce that the application to the relevant authorities in relation to the Proposals are expected to be made by the 1st quarter of 2024.
Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the announcement dated 11 September 2023.
We refer to the announcement dated 11 September 2023.
On behalf of the Board of Directors of SFP Tech, Public Investment Bank Berhad wishes to announce that the application to the relevant authorities in relation to the Proposals are expected to be made by the 1st quarter of 2024.
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....
newbie9893
2,366 posts
Posted by newbie9893 > 2023-09-29 10:24 | Report Abuse
U-turn, time to collect SFPTECH now