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B3 Prospect
With the continual improvements in financial performance commencing with an operating profit of RM0.87 million in preceding quarter to current quarter of RM0.533 million, the Board of Directors is confident that the Group shall be able to improve its financial performance further for the coming quarters and uplift the PN17 status during the financial year ending 30 September 2020.
(iii) On 18 April 2019, LKFM has sign
if in July will be very fast. but notice after new owner took over, last 2 QR report also earlier by a week as compare to before. This is a good sign and proudly shared.
(iii) On 18 April 2019, LKFM has signed a Profit Guarantee with LESB whereby LESB has irrevocably and
unconditionally warrant and guarantee to LKFM that the audited profit after tax (“PAT”) of LKFM shall
not be less than RM1.5 million for the FYE 2020 and at least RM2.5 million for the FYE 2021. On a
combined basis, the guaranteed audited PAT for FYE 2020 and FYE 2021 shall be no less than RM4.0
million.
B3 Prospect
With the continual improvements in financial performance commencing with an operating profit of RM0.87 million in preceding quarter to current quarter of RM0.533 million, the Board of Directors is confident that the Group shall be able to improve its financial performance further for the coming quarters and uplift the PN17 status during the financial year ending 30 September 2020.