KAWAN FOOD's problem with money
KAWAN FOOD announced its Q2 results today, and net profit fell by 📉 47.4% year-on-year. $KAWAN(7216.MY$
Mainly because overseas demand is falling 📉, the outlook is even when it comes to the possibility of a recession in the global economy, and the challenges are not small. However, after the company's profit declined for 3 consecutive quarters, advanced continued to break through record highs.
Mainly because turnover declined due to falling order demand, the company's accounts receivable fell 📉. Moreover, production capacity is still sufficient and there is no need to expand, and cash flow is still sufficient after dividends have been paid, so cash will continue to increase.
Assuming there are more opportunities to make money, I believe KAWAN also wants to continue expanding. Regrettably, the global economy is slowing down, and it is even more time to save for a spring now. Whether it's investing or doing business, this should be the case. Mutual encouragement.
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投资座右铭：价值为主，技术为辅，心态之上
在股市拥有超过10年的经验，主要是通过科技以及制造出口领域累积财富。
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