Margin hike is most likely contributed from increasing sales volume of number cup of coffee as coffee, milk or sugar are insignificant in comparing to the selling price of a cup of coffee.
Break-down of fixed costs for year 2021 and 2022. Not much changes for 2 financial years.
Depreciation of PPE, restaurant [furniture] and renovation RM 45 million (2021) RM 42 million (2020) Depreciation of Right-of-use-assets [lease contracts of cafe...] RM 78 million (2021) Rm 72 million (2020) Wages, Salaries & related costs RM 146 million (2021) RM 150 million (2020)
Yesterday Friday was last day of trading of cum BJFOOD as Monday is a public holiday for the Agong! What u think BJFOOD will be on Tuesday xd trading??
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Posted by PETERMOO > 2022-05-24 16:58 | Report Abuse
Tomorrow higher??