"The market outlook for the Group is expected to remains challenging in the next financial year." --- hate when the words " remains challenging" appeared :(
really a commendable result ... If we ignore all the "other" factors such as other income, PBT stood at 29m vs 23m (YoY basis)
* there is a hike in admistrative cost from 4.2m to 7.6m , and there was a exceptional 5.2m gain vs 1.6m gain this year. * Hence, the result appears to be flat, but the bottomline is really improving. * Suddenly the wire mesh segment that they ventured into suffered from profit dips by 70% ... * DIY Segment doing very well. * This kind of FCF generation power, 1 more year and CHINWEL will be really debt free (if they choose to repay the debts)
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hueyyng27
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Posted by hueyyng27 > 2017-09-06 17:32 | Report Abuse
"The market outlook for the Group is expected to remains challenging in the next financial year." --- hate when the words " remains challenging" appeared :(