Good result. Half year profit equalised last whole year performance plus one cent proposed dividend. Hopefully construction division can contribute profit in the 2nd half year.
see the latest QR, construction start contribute 400k revenue and 24k profit, this is initial stage, more and bigger contribution in next QR, stay tune.
Just my own opinion. For the current core business for the precision engineering. It shall contribute 10+ Mil revenue every quarter as per past record. The net profit will vary depend on the labour cost and currency factor as per quarter report written. New capex to get new machine is expected to improve the profit margin as the improve of efficiency. Currently it much depend on semi con industry which is still showing positive demand as per recent period. Future will be on the 5G era on the near future. The precision engineering segment is aim to diversify to other industry to reduce the rely on single semi con industry. The result need to wait time to show for us.
New profit coming in as for the construction segment kick in. The contribution on last quarter only around 400k. The total construction contract been awarded is 87.5 Mil. Thus, there is still 87Mil revenue to go for coming 2 years period time. As normally construction project normally recognise lesser revenue on initial period, the revenue will expect to kick in more by probably next financial year onward on possibly 10Mil extra revenue per quarter from the construction segment. If profit margin of just 10% and it will bring a extra 1Mil in profit for the company.
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Posted by abcde12345 > 2018-04-17 10:28 | Report Abuse
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