Unisem recorded a loss making quarter due to exceptional items related to their indonesian operation. Without this expense, they would have made a profit
It is true that Vitrox reported inferior earnings QoQ and YoY, but not Unisem. Unisem's July-Sept'19 earnings was impacted by one-off loss from reversal of retirement benefits in PT Unisem and exceptionally high tax rate. If exclude those one-off loss, Unisem actually register profit in this quarter and EPS is also higher QoQ. I am surprise Felicity who is an experienced stock investor didn't look into the details of Unisem's quarterly report and jumped to conclusion that Unisem did poorer in this quarter.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
27,038 posts
Posted by speakup > 2019-10-25 20:48 | Report Abuse
terrible results also no limit down? WTF!