The Group’s gross profit increased almost tenfold or RM6.335 million from RM0.704 million to RM7.039 million in the current financial quarter under review, due to more favourable product mix from the medical/healthcare beds, medical peripherals and accessories and medical devices segments. As a result, the Group reported a turnaround from a RM3.196 million loss before taxation in the preceding year corresponding quarter to a profit before taxation (“PBT”) of RM3.626 million in the current financial quarter under review.
That's the reason why I sailang this counter. I have said before, we have many glove and associate provider, but not many medical bedding and accessories in bursa
paktua never left LKL.. even many doubt on LKL.. paktua is the one yelling to stand tall when red hit.. paktua hope we who stilm stand strong hold will pay off tgis week..
tut tut just all know paktua not blindly fight if not worth it
LKL INTERNATIONAL BERHAD (201501014673) (1140005-V) NOTES TO THE INTERIM FINANCIAL REPORT FOR THE FOURTH QUARTER ENDED 30 APRIL 2020
B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS OF BURSA SECURITIES
B1. Review of performance
For the current financial quarter ended 30 April 2020, the Group’s revenue increased 142.6% or RM12.610 million to RM21.454 million from RM8.844 million in the preceding year corresponding quarter, boosted by stronger sales from medical/healthcare beds, medical peripherals and accessories and medical devices.
Revenue from manufacturing segment grew 61.3% or RM3.930 million to RM10.338 million from RM6.408 million as reported in the preceding year corresponding quarter, driven by higher contributions from medical/healthcare beds as well as medical peripherals and accessories. As for the trading segment, revenue increased significantly by 356.3% or RM8.680 million to RM11.116 million from RM2.436 million in the preceding year corresponding quarter, driven by high growth in the sales of distributed medical peripherals and accessories which includes personal protective equipment (“PPE”), as well as improved contributions from medical devices.
Geographically, local sales in the current financial quarter under review accounted for an overwhelming 93.5% of the Group’s revenue compared to 81.9% in the preceding year corresponding quarter. The increase was on the back of a 176.7% or RM12.804 million rise in local sales to RM20.050 million from RM7.246 million in the preceding year corresponding quarter, as COVID-19 pandemic has necessitated the increase emphasis on fulfilling local demand. This focus resulted the export sales registering a dip of 12.1% or RM0.194 million to RM1.404 million from RM1.598 million in the preceding year corresponding quarter. Export sales accounted for 6.5% of total revenue in the current financial quarter under review, which was lower than 18.1% recorded in the preceding year corresponding quarter.
The Group’s gross profit increased almost tenfold or RM6.335 million from RM0.704 million to RM7.039 million in the current financial quarter under review, due to more favourable product mix from the medical/healthcare beds, medical peripherals and accessories and medical devices segments. As a result, the Group reported a turnaround from a RM3.196 million loss before taxation in the preceding year corresponding quarter to a profit before taxation (“PBT”) of RM3.626 million in the current financial quarter under review.
paktua love share good vibration.. let we back this poems..
dear LKL holders.. imagine.. you got what do want every time.. no struggle..no hard work..no challenge.. no hard work required.. some of you saying.. that would be great.. actually.. thats will make you WEAK.. because you never gone through anything.. thats strengthen's you
Hehehe great results from LKL although i did had little doubt last week and almost cut loss at 0.50. Luckily i stay put and will wait for my first TP at 0.8 and TP2 at 0.9
i think if lkl wanna hit the new limit high today is the day it wont go on for a week or two one since good news will flow for few days and impact the counter for one day only
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 881 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
kitkat
282 posts
Posted by kitkat > 2020-06-29 17:35 | Report Abuse
The Group’s gross profit increased almost tenfold or RM6.335 million from RM0.704 million to RM7.039 million in the
current financial quarter under review, due to more favourable product mix from the medical/healthcare beds,
medical peripherals and accessories and medical devices segments. As a result, the Group reported a turnaround from
a RM3.196 million loss before taxation in the preceding year corresponding quarter to a profit before taxation (“PBT”)
of RM3.626 million in the current financial quarter under review.