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2016-02-04 10:30 | Report Abuse
last quarter eps 4.55 sen is after deducting FX loss of RM60.9 mil as per quarterly announcement note A 10.... that quarter is because RM USD exchange rate is down from 3.75 in 1 July to 4.39 in end sept ... and huge loan is in USD. am i correct ?
As from sEpt to Dec, the exchange rate had improved to 4.29 .. so when they report Dec result, the profit could have improved by this RM 60 mil before counting any fx gain ... assuming operation profit remain the same? is this correct .?
Is this how you arrive at tp 4 - 8 ?
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD
2017-11-27 15:48 | Report Abuse
Why the tax which should be normally expense this quarter become huge tax income ..... if next quarter back to normal tax expense ? Govt given tax to company ? If without this income tax the profit is halved ?