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I am not agreed la, mco ady two years, not longer any mco as an excuses and even drop of 10m revenue. Supermarket open and factory for food not closing, a maintain revenue is just ngam ngam for me. This revenue is not even a pass for me.
The Group is running at 60% of the production capacity due to the 60% workforce requirements by
the relevant authority. Production was temporarily stopped for around two weeks in this quarter in
compliance with the relevant authority’s instructions and for sanitization purposes. These
measures and precautions have negatively impacted our production and eventually our sales for
this quarter.
However, the Board still expects that the performance of the Group will be satisfactory and remai
sales revenue down 10m is acceptable due to mco whilst production shut down resulted production eifficiency down。 therefore once back to 100% production efficiency the margin will add back ahead next qr.
I am not trader, but i just talk truth, i bought alot ataims, but their qr really bad, i bought aimflex too, not alot 1111 LOT 0.223 but su cks too. What to do just admit and hope company will do better la. Not keep giving excuses hoping ppl not going to throw hard, this is lying. if believe in company, just admit they are not performing good this qr and will do better in future, thats it.
The Group’s revenue for the current quarter ended 30 June 2021 has decreased by 7% to RM66,497,000 from RM71,443,000 in the quarter ended 30 June 2020 mainly constrained by the mandatory compliance of 60% workforce since May 2021.
The Group registered a profit before tax of RM5,054,000 as compared to a profit before tax of RM11,825,000 in the preceding corresponding quarter, a tremendous decrease of about 57%. The low biscuits revenue was further aggravated by the rising costs of the main raw materials and had resulted in the fall of profit before tax.
@kaihjun teh gross profit fells 6m attrubtable 10m sales shortfall plus production inefficiency of 40% end up closing stock reduction。 the 6m loss ie only 1m is realize loss 5m is unrealised loss.