Leweko will soon taper china market with new china subsidiary.

Revenue: RM11,002,000
PBT: RM1,224,000
Net Profit: -RM973,000

Comparing to last year same quarter:
Revenue: increased 99.7% (from 5,582,000)
PBT: increased 341.8% (from 277,000)
Net Profit: -2595% (from 39,000)

so we have increased revenue, increase PBT, why negative net profit?

from the report here goes:
"Loss and total comprehensive loss for the period from discontinued operations @ RM1,574,000"

"Our Group’s discontinued operations in relation to the sawn and moulded timber section within the timber division
recorded loss before tax(“LBT”) of RM1.57 million in the current quarter."

Thanks @backspace to posting this.

tmr i will panic buy if there is any panic sell. Dun miss this hidden gem.