$Japfa (UD2.SG)$ Very bad results. It has reported a loss of...
Very bad results. It has reported a loss of USD35.9 m (SGD48.2 m) for 2HFY2022, down from the earnings of SGD321,000 in the same period the year before. This brings the group's FY2022 earnings to USD8.2 m, 93% lower y-o-y. The results were impacted by a "global challenging environment".
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ph2046 : And they didn’t “expect” it??
bullrider_21 OP ph2046 : Such a big loss. They couldn't have not expected it.
103075647 : Every quarter blame global challenging environment. Is the mgmt of any use, doesn't seems to have much action plans.
bullrider_21 OP 103075647 : Agree.
金银镇財 : I agree that there is a problem with the management system
江南公子 : my biggest loss ... stuck.
000000000 : mgmt is diverting money out of the company supplying to related family business at below costs.
bullrider_21 OP 江南公子 :
High Profit Low Loss : This counter is a jinx!
High Profit Low Loss 000000000 : You are right, use investors money(listed company) to syphon goods at cheap price and then said making a loss. On the other hand their family(private) business is thriving.
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