Not operational improvement?? Eventhough revenue decreased but the cost of sales also decreased. Look at the administrative expenses from q3 and a4. It is reduced, which means they are getting efficient in the operation. Operating profit also increased! You know how to read FS or not?
I quite disappointed with the revenue drop. It drops quarter by quarter. And prospects told that next qr may even worse. But however I think the downside for mtag is limited.
Dont worry too much on the revenue as long as it is profitable. In fact, much more profitable than the last two quarters. Why so worry? Lost worry, profit also worry. Adui
Why so much worry about revenue drop as long as the profit is better. The cost efficiencies and profit margin are matters. What’s the point if revenue increase but profit drop?
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Posted by EatCoconutCanWin > 2020-02-04 08:36 | Report Abuse
3M face mask and glove no stock. Good sales.