Not a good thing
$TOPGLOV (7113.MY)$ nxt 2 qr will see the result plunge due to increase material cost which only shown nxt qr. most likely people who read the report like me wil sell later once start
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小手川龙 : LOL, that's why the ASP increased to hedge on raw material price increase and weaker USD in FY2024
1836472636272847 OP 小手川龙 : Not sufficient to increase it because the price increase before the ASP increase
小手川龙 1836472636272847 OP : read carefully:
Top Glove had in Aug and Sep24 revised it's ASP upwards following higher raw material cost and a weaker USD in 4QFY2024.
The effect of these price adjustment (ASP) came in only towards the end of 1QFY2025, with the full impact expected to be reflected in 2QFY2025
meaning next quarter will be even better result for the increase of APS, and now USD are 4.50 which means even better in next QR.
104906576 : this didn't age well
Victor靓汤 : LOL,ppl invest company because increasing of profit not because of material cost decrease.