The MD has to explain at the forthcoming AGM why the last qtr profit dropped so badly in spite of increased revenue.....and let shareholders know if it was only a "once off" case....
A Malaysian manufacturer Elsoft Research has started producing 40 LED test equipment that is valued to reach an estimated 20 million (US $) by the second half of 2021, reported Ming-chi kuo.
The group’s CEO CE Tan remarked the LED test equipment will be shipped to clients in the automotive, smart device and general lighting sectors.
Compared to the same period in 2020, this represents a double-digit percentage growth in volume, said Tan.
“The key sectors driving the growth are the automotive and smart device industries,” he said. For smart device applications, the group is developing LED test equipment to be applied in checking lighting performance of new smart devices that are scheduled for release in late 2021
yorkyork A Malaysian manufacturer Elsoft Research has started producing 40 LED test equipment that is valued to reach an estimated 20 million (US $) by the second half of 2021, reported Ming-chi kuo.
The group’s CEO CE Tan remarked the LED test equipment will be shipped to clients in the automotive, smart device and general lighting sectors.
Compared to the same period in 2020, this represents a double-digit percentage growth in volume, said Tan.
“The key sectors driving the growth are the automotive and smart device industries,” he said. For smart device applications, the group is developing LED test equipment to be applied in checking lighting performance of new smart devices that are scheduled for release in late 2021 16/04/2021 12:30 AM
PLEASE QUOTE YOUR SOURCE. IS THIS A SCAM TO CHEAT FELLOW I3INVESTOR?
yorkyork A Malaysian manufacturer Elsoft Research has started producing 40 LED test equipment that is valued to reach an estimated 20 million (US $) by the second half of 2021, reported Ming-chi kuo.
The group’s CEO CE Tan remarked the LED test equipment will be shipped to clients in the automotive, smart device and general lighting sectors.
Compared to the same period in 2020, this represents a double-digit percentage growth in volume, said Tan.
“The key sectors driving the growth are the automotive and smart device industries,” he said. For smart device applications, the group is developing LED test equipment to be applied in checking lighting performance of new smart devices that are scheduled for release in late 2021 16/04/2021 12:30 AM
PLEASE QUOTE YOUR SOURCE. IS THIS A SCAM TO CHEAT FELLOW I3INVESTOR?
March.7, 2016 - 13:14 — judy.lin 2746 pageviews Share Malaysian Company Elsoft Starts Production of LED Test Equipment News Source: Starbiz A Malaysian manufacturer Elsoft Research has started producing 40 LED test equipment that is valued to reach an estimated RM 20 million (US $) by the first half of 2016, reported Malaysian media StarBiz.
The group’s CEO CE Tan remarked the LED test equipment will be shipped to clients in the automotive, smart device and general lighting sectors.
Compared to the same period in 2015, this represents a double-digit percentage growth in volume, said Tan.
“The key sectors driving the growth are the automotive and smart device industries,” he said. For smart device applications, the group is developing LED test equipment to be applied in checking lighting performance of new smart devices that are scheduled for release in late 2016.
“For the automotive sector, we are making LED testers for the daytime running lights, new LED headlamps and rear-end signature lightings for branded cars. Our automotive customers are mainly based in Malaysia, China and Taiwan,” he said. Additionally, the group has secured local medical equipment orders from Malaysian clients supplying to hospitals. “We are making the embedded electronic control system for medical equipment,” he said.
The company’s revenue performance for the fiscal year that ended in Dec. 31, 2015 reached new heights of RM 49.7 million, and posted a net profit of RM 26 million compared to RM 45 million and RM 20 million respectively in 2014. The group projects the automotive sector will be a main revenue driver for the company.
THIS IS THE WHOLE WRITE UP IN THE 2016 NEWS REPORTED BY STAR.BIZ
SEEMS SOMEONE TRIED TO MAKE UP A FUCTITIOU STORY FROM OLD NEWS 5 YEARS AGO.
Not so soon, must start to show improved results then only will start moving, the trend now. YY news may have some truth in it actually, I heard it from a friend also. Just let time takes it course.
No idea. Still no news yet. Price up little bit. Maybe rebound back to 70 cent. I guess techincat rebound since oversold quite sometime. Waiting for news.
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rypien
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Posted by rypien > 2021-03-05 12:09 | Report Abuse
elsoft will fly like butterflies.... up and up they go...