Gross profit margin at 8.6 % in FY 2022 is not comfortable, and opex is increased
$Aspen (1F3.SG)$ sgd 0.042. Not a good performance this time round. That is why its P/L is in red.
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skc2021 OP : In Malaysia, the sentiment among developers are that future sales will not be promising (ref. 1)
reference
1. https://www.nst.com.my/property/2022/03/780199/rehda-developers-anticipate-property-sales-future-launches-be-below-50-pct