Humeind earnings analysis
[Humeind's performance highlights]
• Humeind has been growing for 4 consecutive quarters, as we had previously anticipated, with coal prices falling and ash prices rising.
• Net Profit (RM59.1 mil) and Revenue (RM322.3 mil) both hit record highs this quarter
• Profit margin reached 5.7%
• Earnings broke to new highs this quarter mainly due to increased sales volume and average prices
outlooks
• Humeind believes that the ash business still has prospects and momentum, mainly seeing more construction industry projects.
comments
• As long as the price of ash remains constant and the price of coal remains low, then Humeind will continue to benefit. If the government awards more large-scale infrastructure projects in the future, Humeind will also benefit from them. We continue to give it 3,838 blessings.
• It is important to note that the price of ash is a generic product, and the price cannot be increased at will. Humeind's profit growth should be drastically reduced next quarter. Everyone can use peak arbitrage methods to preserve profits. $HUMEIND(5000.MY$
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生财有道致力于全方位成长投资。邱天雄老师曾是上市公司主要媒体的CEO领导，拥有超过20年的投资经验。主要投资美国，中国和大马。
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