I am overseas now, so I will keep this article short.
Yesterday F&N released its September 2015 quarterly report. Its Malaysia dairy division (which manufactures condense milk, same as Johore Tin) reported revenue of RM271 mil, 7% higher than June 2015 quarter's RM253 mil.
However, operating profit jumped by a massive 57% from RM19.97 mil to RM31.4 mil in the September quarter.
Operating margin for that division improved from 7.9% to 11.6%.
F&N attributed the strong performance to low raw material cost.
Can Johore Tin follow suit and deliver same type of performance in coming quarter ? We will soon find out by end of this month.
Stay tuned and sit tight. The rocket is about to take off.
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Created by Icon8888 | May 01, 2020
Created by Icon8888 | Mar 10, 2020
Created by Icon8888 | Mar 01, 2020
Created by Icon8888 | Nov 13, 2019
I realize that when Icon8888 write part 1 it up to RM1......
then write again RM1.50
each part he posted will boost up RM0.500...................so after part 8.... Ithink value price will be RM4.00
2015-11-12 20:49
murali
So fast go NZ drink tea oreadi? Not even Rm2.50....
2015-11-04 08:37