103509899
OP
:
see Chatgpt reply===.### Johor Plantation Group Berhad Financial Performance Overview (Past 5 Years)
1. **Revenue and Profit Trends**: - **2020**: Revenue was RM1.02 billion, with a Profit Before Tax (PBT) of RM117.61 million and a Profit After Tax (PAT) of RM52.31 million. - **2021**: Revenue and profits saw a significant increase. - **2022**: Revenue increased to RM1.75 billion. PBT surged to RM569.12 million and PAT to RM495.36 million. - **2023 (First 7 Months)**: Financial performance declined with net profit dropping 80% to RM58.34 million and revenue falling 44% to RM622.36 million due to volatility in Crude Palm Oil (CPO) prices.
2. **Core Operations**: - Johor Plantation focuses on the cultivation and processing of oil palm. - The company manages 23 plantation estates, with a landbank of 59,860 hectares primarily dedicated to oil palm cultivation. - They operate five Palm Oil Mills for processing Fresh Fruit Bunches (FFB) into Crude Palm Oil (CPO) and Palm Kernels (PK).
3. **Industry Position**: - Holds approximately 1% of the planted oil palm area in Malaysia and 8% in Johor. - Known for high Fresh Fruit Bunch (FFB) and CPO yields, second only to United Plantations Berhad in Malaysia.
4. **Utilization of IPO Proceeds**: - **Capital Expenditure**: Constructing an integrated sustainable palm oil complex and replanting activities. - **Repayment of Bank Borrowings**: Reducing financial leverage. - **Working Capital**: Supporting day-to-day operations and purchasing FFB from various sources. - **Listing Expenses**: Covering the costs related to the IPO process.
Johor Plantation's performance over the past five years shows a trend of significant growth until 2022, followed by a notable decline in 2023 due to external market factors. The company has a robust operational base and strategic plans for utilizing IPO proceeds to enhance and stabilize its operations【42†source】【43†source】.
Zestful : Is this company good to buy?
103509899 OP : see Chatgpt reply===.### Johor Plantation Group Berhad Financial Performance Overview (Past 5 Years)
1. **Revenue and Profit Trends**:
- **2020**: Revenue was RM1.02 billion, with a Profit Before Tax (PBT) of RM117.61 million and a Profit After Tax (PAT) of RM52.31 million.
- **2021**: Revenue and profits saw a significant increase.
- **2022**: Revenue increased to RM1.75 billion. PBT surged to RM569.12 million and PAT to RM495.36 million.
- **2023 (First 7 Months)**: Financial performance declined with net profit dropping 80% to RM58.34 million and revenue falling 44% to RM622.36 million due to volatility in Crude Palm Oil (CPO) prices.
2. **Core Operations**:
- Johor Plantation focuses on the cultivation and processing of oil palm.
- The company manages 23 plantation estates, with a landbank of 59,860 hectares primarily dedicated to oil palm cultivation.
- They operate five Palm Oil Mills for processing Fresh Fruit Bunches (FFB) into Crude Palm Oil (CPO) and Palm Kernels (PK).
3. **Industry Position**:
- Holds approximately 1% of the planted oil palm area in Malaysia and 8% in Johor.
- Known for high Fresh Fruit Bunch (FFB) and CPO yields, second only to United Plantations Berhad in Malaysia.
4. **Utilization of IPO Proceeds**:
- **Capital Expenditure**: Constructing an integrated sustainable palm oil complex and replanting activities.
- **Repayment of Bank Borrowings**: Reducing financial leverage.
- **Working Capital**: Supporting day-to-day operations and purchasing FFB from various sources.
- **Listing Expenses**: Covering the costs related to the IPO process.
Johor Plantation's performance over the past five years shows a trend of significant growth until 2022, followed by a notable decline in 2023 due to external market factors. The company has a robust operational base and strategic plans for utilizing IPO proceeds to enhance and stabilize its operations【42†source】【43†source】.
103696618 : How did you buy it?
103509899 OP : thru Moomoo MY. pls see the screenshot i put on the $JOHOR PLANTATIONS GROUP BERHAD (5323.MY)$