News: Chin Teck Plantations' earnings more than double to RM22.66m

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2 comment(s). Last comment by Jon Choivo 2018-05-02 10:54

calvintaneng

56,631 posts

Posted by calvintaneng > 2018-05-02 10:52 | Report Abuse

Chintek Plantations Superb Quarter was boosted by disposal gain from Investment securities.

TA Enterprize has lots of Investment Securities. Over Rm1.8 BILLIONS. Once disposed the gains might exceed Chintexby a Big Margin!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-05-02 10:54 | Report Abuse

Investment security is held at fair value or market value.

No gain or loss. since it is recognized every quarter. In fact, i expect next quarter to be bad due to market drop.

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