Cost pressure has been mounting especially after Russia started invading Ukraine. Homeriz may not be able to pass down all cost increases to its customers. The next two quarters’ results should be subdued.
Homeritz positioning as an ODM, will enable the group to pass on the soaring raw material prices by adjusting its selling price by introducing new designs. Analysts are bullish on this stock and 6 others as the country opens up. Read more: https://www.smallcapasia.com/7-interesting-stock-ideas-for-may-my/
What a shame! Supposed to expand their factory but ended up being conned by the agent/land owner. Legal case has been happening since 2019 and till now still no result!
The different is the dividend in malaysia snd japan. I)price will be adjusted 70-100 percents while japan a no). II)When calculation,the money before and after adjustment usually the same.
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Review of Performance Comparison with Last Year Correspodance Quarter’s Results The Group’s revenue and PBT for the Q1FY2023 decreased by 33.5% and 23.3% respectively compared with the corresponding period last financial year. The decrease in revenue and PBT were mainly attributed to the lower volume of product sold but partially cushioned by a stronger USD in the current quarter. In Q1FY2022, revenue was commendable also partly due to deliver the orders previously delayed during Movement Control Order 3.0.
Comparison with Preceding Quarter’s Results The Group’s revenue and PBT for the Q1FY2023 decreased by 23.9% and 35.9 % compared with the preceding quarter Q4FY2022. These was mainly attributed to the lower volume sold as consumer demand was slower in Q1FY2023.
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....
sense maker
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Posted by sense maker > 2022-03-30 19:52 | Report Abuse
Cost pressure has been mounting especially after Russia started invading Ukraine. Homeriz may not be able to pass down all cost increases to its customers. The next two quarters’ results should be subdued.