Based on New Hoong Fatt latest quarterly results announcement (http://www.bursamalaysia.com/…/company-announcements/5349061) below are what I've noted:

- Revenue increased by 12%
- YTD Net profit for the period increased to 29mil, an increased of 55% compared to previous years.
- Cash/Debt level is at 68% although its debt has increase by 24% to 35mil.
- the increase of Profit before tax (PBT) partly contributed by some fair value gain on investment properties and gain on disposal of PPE of 1.2mil with a realised forex gain of 7.3mil - Total of 8.6mil which i like consider as non ordinary profit.
- After adjustment of 8.5mil, there is still an increased of profit of 11%, assuming no changes on the tax expenses.
- Based on its segmental results, Trading has managed to achieve a marginal profit of less than 1% although its revenue is higher than manufacturing and its Investment activities achieved marginal loss.
- Its main profit contribution is still from its manufacturing operation and mainly from Malaysia and Non Asean market. Overall, its revenue has increased from 3 of its geographical segments. (Malaysia, Asean & Non Asean countries.)
It has a capital commitment 52mil which has not been provided for in its notes 14. Not sure detail of this. It could be for some expansion plan.