Their borrowings reduced by 40%. They are also starting to accumulate cash. Before was almost nothing, now about 10 million cash This company owned by Bandaraya
For the first quarter of 2016, Group revenue of RM61.4 million decreased 28% against RM85.5 million a year ago mainly due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses.
" due to lower production output at the Lipis Plant due to a fire that damaged certain machinery. An insurance claim has been submitted for these losses."
Got fire accident mah, Pohuat Pmetal last time also like that wat
The chart is nice last week... Guessed the big sharks still in discussion... haha... Uncertainties lie ahead esp the UK's EU referendum in another ~ 2 weeks. Best timing should be now! lol...
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CUTLOST
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Posted by CUTLOST > 2016-04-11 23:53 | Report Abuse
New Qtr really dissapointed