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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Posted by speakup > 2019-10-25 20:48 | Report Abuse
terrible results also no limit down? WTF!