seriously? i think is a trap?!?!? BUY BUY BUY... so that they can sell to you at a higher price... I will wait at 0.18, 0.17, 0.16 and even 0.15.... huhu...
if real bomb, maybe can net at 0.08... then sell house sell car... all in... need a lot of besi to build tanks, aeroplane, machine gun, bullet, missile, grenade, pisau, kerata, etc... else how to war?
In the 12 months ended 31 December 2016, we managed to achieve an operating profit before taxation of RM2.09 million as compared to an operating loss of RM19.82 million in the previous year. This result is achieved on the back of better product margins and a more stable steel market environment in the first half of 2016 with the recovery of steel price after a difficult year in 2015.
The turnover of 2016 was RM399.62 million, lower by 18.72% than RM491.63 million achieved in the previous financial year. The lower turnover was primarily due to cessation of pipe mill business. This is part of the realignment exercise to focus on the core products.
On the earnings before interest, tax, depreciation and amortisation (“EBITDA”), the Group registered a much improved EBITDA of RM32.41 million compared to RM12.97 million in the previous year, an increase of 149.88%.
As part of on-going efforts to improve the financial performance of the Group, the Group remains committed to carry through the turnaround plan and to stay focused on the following areas :-
i. Core coated products;
ii. Strengthen balance sheet to improve working capitals and cashflow;
iii. Human resources right-sizing;
iv. Plant operation improvement on yield, quality and cost; and
v. Cost – effective procurement and inventory management.
sitia In the 12 months ended 31 December 2016, we managed to achieve an operating profit before taxation of RM2.09 million as compared to an operating loss of RM19.82 million in the previous year. This result is achieved on the back of better product margins and a more stable steel market environment in the first half of 2016 with the recovery of steel price after a difficult year in 2015.
The turnover of 2016 was RM399.62 million, lower by 18.72% than RM491.63 million achieved in the previous financial year. The lower turnover was primarily due to cessation of pipe mill business. This is part of the realignment exercise to focus on the core products.
On the earnings before interest, tax, depreciation and amortisation (“EBITDA”), the Group registered a much improved EBITDA of RM32.41 million compared to RM12.97 million in the previous year, an increase of 149.88%.
As part of on-going efforts to improve the financial performance of the Group, the Group remains committed to carry through the turnaround plan and to stay focused on the following areas :-
i. Core coated products;
ii. Strengthen balance sheet to improve working capitals and cashflow;
iii. Human resources right-sizing;
iv. Plant operation improvement on yield, quality and cost; and
v. Cost – effective procurement and inventory management. 13/08/2017 23:48
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Posted by StrattonOakmont > 2017-08-09 14:35 | Report Abuse
the real wave haven't come yet... sabar...