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"Investing is an exciting journey with unexpected challenges,
but approaching it with a joyful attitude can lead to pleasant surprises
🌺Introducing our latest Moomoo
Jolly Moo's design is inspired by the traditional God of happiness, symbolizing joy and good luck in the culture.
As the plum blossoms bloom, moomoo joyfully emerges from the forest, accompanied by the magpie delivering good news!
We hope that inves...
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We’ll explore investment opportunities outside of Malaysia so that you have more options to diversify your portfolio!
Strengthening Your Portfolio with International Markets
Sep 5 07:00
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$SIA (C6L.SG)$ Isn't the dividend paid on the 21st?
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Moomoo's parent company Futu Holdings Ltd. (FUTU) Q2 2024 Earnings Conference Call is scheduled at 7:30 AM ET on August 20. The management will announce the financial results and answer questions from investors. You can subscribe to join the live earnings conference. Please stay tuned.
Futu Holdings Ltd. Q2 2024 Earnings Conference Call
Aug 20 06:30
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[Synopsis]
With the global market transitions since the start of 2024, how can an active investor possibly capture these pivotal turns and evolutions for their investment strategy? With the final live webinar for our mid-year funds series, learn how investors like yourselves can potentially leverage on Income strategies to navigate the changes on a global scale with our experts from PIMCO and Moomoo Singapore. Join us and you may be rewarded with qu...
With the global market transitions since the start of 2024, how can an active investor possibly capture these pivotal turns and evolutions for their investment strategy? With the final live webinar for our mid-year funds series, learn how investors like yourselves can potentially leverage on Income strategies to navigate the changes on a global scale with our experts from PIMCO and Moomoo Singapore. Join us and you may be rewarded with qu...
A Pivotal Year: Strategies for Capturing Income
Jun 28 04:00
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Top gloves are finally making money!
After 7 consecutive quarters of losses, $TOPGLOV (7113.MY)$ Top Glove's net profit for the third quarter of the 2024 fiscal year finally improved, with a deposit of RM50.67 million.
Meanwhile, revenue for the quarter was recorded at RM636.87 million, an increase of 20% over the previous year.
Looking at the first nine months, revenue declined slightly by 5.64% to RM1,680.67 million; cumulative losses also narrowed sharply from RM463.49 million a year ago to RM58.23 million.
Lin Jiangyuan, managing director of Top Gloves, believes that the company has successfully overcome the extremely challenging business environment, is now more powerful, streamlined and efficient, and has sufficient capacity to regain market share and regain a leading position.
However, the stock price of Top Glove hasn't improved much.
As of 3:30 p.m., the top gloves were reported at RM1.14, down 3 cents or 3.42%, with a turnover of 105.83 million shares, making it the third most popular stock.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
After 7 consecutive quarters of losses, $TOPGLOV (7113.MY)$ Top Glove's net profit for the third quarter of the 2024 fiscal year finally improved, with a deposit of RM50.67 million.
Meanwhile, revenue for the quarter was recorded at RM636.87 million, an increase of 20% over the previous year.
Looking at the first nine months, revenue declined slightly by 5.64% to RM1,680.67 million; cumulative losses also narrowed sharply from RM463.49 million a year ago to RM58.23 million.
Lin Jiangyuan, managing director of Top Gloves, believes that the company has successfully overcome the extremely challenging business environment, is now more powerful, streamlined and efficient, and has sufficient capacity to regain market share and regain a leading position.
However, the stock price of Top Glove hasn't improved much.
As of 3:30 p.m., the top gloves were reported at RM1.14, down 3 cents or 3.42%, with a turnover of 105.83 million shares, making it the third most popular stock.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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