In January 2024, the EU new car market rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units.
The lower revenue was mainly due to lower sales from automotive segment as a result of United Auto Workers strike started in October 2023, some projects was end of life in the current quarter and customers postponing new projects launching into market.
Commentary on Prospects The continued uncertainties in the global economic environment, escalation of costs due to inflationary pressure and fluctuation of foreign exchange rates are amongst factors that may impact the Group’s performance. Hence, the Group will continue to strive and accord the highest efficiency and innovative means with lean manufacturing and effective costs management as key performance drivers. Barring any unforeseen circumstances, the Board believes that the Group’s prospects in this financial year ending 31 December 2024 remains positive.
MOU not a binding contract yet hence anything can still change
is that the statement below means nothing will happen? can share share your view Gooman? and no material development on the status of MOU entered between JHM and DEKAI
Global semicon sales rose 15.2% y-o-y in January to US$47.6 billion, says SIA
SIA said that regionally, year-to-year sales were up in China (26.6%), the Americas (20.3%), and Asia Pacific/All other (12.8%), but down in Japan (-6.4%) and Europe (-1.4%).
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 165 views | 23 h ago
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New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 325 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
Jhm Insider News Kaki
31 posts
Posted by Jhm Insider News Kaki > 2023-11-29 17:43 | Report Abuse
Yes..now is golden chance to collect :P