KLSE (MYR): SCIPACK (8125)
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Last Price
1.92
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-0.06 (3.03%)
Day's Change
1.92 - 1.96
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651 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ 2023-09-20 12:23
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
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Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-09-20 12:23 | Report Abuse
For the three months ended 31 July 2023, group revenue increased 4.4% to RM185.32 million from RM177.49 million in the preceding quarter mainly due to higher demand from both domestic and export markets.
Despite the higher revenue, the Group registered a loss before tax of RM7.86 million compared to a profit before tax of RM12.83 million in the preceding quarter, primarily attributable to the goodwill impairment of RM22.71 million in relation to its operations in Myanmar. Excluding the impact of the goodwill impairment, the Group’s profit before tax increased by 15.8% compared to the preceding quarter mainly due to the increase in revenue.