construction sector is generally perceived as a “low margin” industry due to their high unpredictability, cash flow constrains that lead to lower margin, as well as exposure to increment of building material prices.
SSB8 is enjoying double digit margins where the some of the peers are now suffering in losses or in low single digit margin, i believe this is the fruit of the well handled management skill
According to the profit forecast, SSB8 shall achieve a minimum profit after tax of any shortfall of the profit guarantee for the financial year ending 31 December 2024 (“FYE 2024”), which shall be equivalent to RM80 million
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....
YoongGer
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Posted by YoongGer > 2022-11-11 15:59 | Report Abuse
construction sector is generally perceived as a “low margin” industry due to their high unpredictability, cash flow constrains that lead to lower margin, as well as exposure to increment of building material prices.