Chill, wait for the Q result. If Q result drop due to the factory closure (during MCO). Price drop, collect =))) Look at their shopee, how many items sold haha! With new Kuching sales branch opening etc. They also hiring new product dev engineer & manager.
The Group recorded revenue of RM145.56 million for the current quarter under review representing an increase of 3.0% over revenue of RM141.25 million of previous corresponding quarter. The Group recorded profit before tax of RM8.07 million for the current quarter under review representing a decrease of 7.8% over profit before tax of RM8.75 million of previous corresponding quarter.
The performance of the business segments for the current period is described as below: 1) Investment Holdings Division Lower dividend income received from subsidiaries has caused this division recorded higher loss for the current period. 2) Trading and Service Division The revenue in Trading and Service Division recorded an increase by 29.5% as compared to previous corresponding period. Local sales increased substantially by 40.0% being the main contributor to the Group’s revenue due to strong demand in the local market. On the other hand, the overseas sales also increased moderately by 11.8% due to improving economic condition outside Malaysia. Hence, the division’s results increased significantly by 77.0% as compared to last corresponding period due to sales improvement and effective cost management. 3) Manufacturing Division The revenue in Manufacturing Division has increased by 29.8% as compared to previous corresponding period which is mainly due to the increase in inter-companies sales and also the contribution from re-export business. The division recorded a lower profit representing a decrease of 16.6% as compared to the previous corresponding period. This is mainly attributed to the declining gross margin as a result of hike in material and freight cost. The Company continues to focus on improving efficiency and productivity.
The revenue in Trading and Service Division recorded an increase by 29.5% as compared to previous corresponding period. The revenue in Manufacturing Division has increased by 29.8% as compared to previous corresponding period.
Khinds profit is so good.....cash piling up.... This useless market just doesnt know how to value a stock.......still feel...khind should eventually trade above RM8
The management should appreciate and reward their loyal shareholders because without us the loyal shareholders, where can their company be around until today.
QR out! they are actually making better revenue and profit Last year there's an one off gain on sale of assets RM16mil. If we take this out, we can see they are improving
Total payout to directors is more than the company declared profit. What a selfish company! Dear Director, you also hold majority of the shares. And you are public listed company which need to be responsible to the shareholders. If you need to be so selfish, you can delist and get 100% profit.
finally able to reenter this counter at RM3.35, last time taken profit at RM3.60 (30 august 2021)
so glad being able to reenter at cheaper price after the fundamental of the company become stronger and future prospect seems to be more promising. PE 5.33 (this is legit PE from company main business profits instead of one off gains)
EPS is much better than Panamy (panamy flopped a lot) shows that khind has beaten panamy in the same business competition
gd luck all, lets hope khind price can also beat panamy's market price
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