Tasco, which derives about 40% of its revenue from its airfreight and ocean freight forwarding divisions, saw net profit grow 364% to RM41.27 million year on year for the financial year ended March 31, 2021 (FY2021), while revenue rose 27% y-o-y to RM946.61 million in that period.
Wah, transport sector today on Viagra and Steroids. What's the flashpoint?
To my knowledge, international shipping has a heavy backlog. Is this the start of the build-up for end year goods movement, i.e. Christmas + Chinese New Year.
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Posted by Invest_888 > 2021-06-19 16:25 | Report Abuse
Why Tasco dropped a lot this Friday?
Buy opportunity?