Mbagger or none
liked
$TENAGA (5347.MY)$ break another ATH, I'll shave my head
9
1
Mbagger or none
commented on
Mbagger or none
commented on
Mbagger or none
liked
$LIIHEN (7089.MY)$ Formerly a macam yes furniture stock, this quarter even dividends are gone 🥹 A leading furniture manufacturer in Malaysia, specializing in bedroom suite furniture and office furniture. These products are mainly sold to international markets, with North America as the primary export destination (accounting for about 90% of revenue). Its business model focuses on exports, relying on a stable overseas customer base, while maintaining competitiveness through independent design and manufacturing.
Revenue for this quarter: RM0.1498 billion, a decrease of 10.76%, mainly due to weak demand for bedroom suites and office furniture. Pre-tax loss of RM7.618 million, turning from profit to loss. Gross margin declined from 19% last year to 13% this quarter, mainly due to reduced sales and increased operating costs. Net loss of RM6.961 million, with high operating costs (including wages, material costs) further squeezing profit margins.
Operating expenses include a one-time RM7 million allowance for bad debts (for US customer Hillsdale Furniture), and RM8.6 million in exchange losses. The significant fluctuation of the US dollar has greatly affected the company's export revenue. But everyone had anticipated these... However... the bad debts of Hillsdale Furniture are just 🥹🥹🥹
USA customer Hillsdale Furniture announced asset liquidation, forcing the company to make full provision for its RM7 million accounts receivable ...
Revenue for this quarter: RM0.1498 billion, a decrease of 10.76%, mainly due to weak demand for bedroom suites and office furniture. Pre-tax loss of RM7.618 million, turning from profit to loss. Gross margin declined from 19% last year to 13% this quarter, mainly due to reduced sales and increased operating costs. Net loss of RM6.961 million, with high operating costs (including wages, material costs) further squeezing profit margins.
Operating expenses include a one-time RM7 million allowance for bad debts (for US customer Hillsdale Furniture), and RM8.6 million in exchange losses. The significant fluctuation of the US dollar has greatly affected the company's export revenue. But everyone had anticipated these... However... the bad debts of Hillsdale Furniture are just 🥹🥹🥹
USA customer Hillsdale Furniture announced asset liquidation, forcing the company to make full provision for its RM7 million accounts receivable ...
Translated
13
1
Mbagger or none
commented on
Anyone guessing the next nice number it can go? Don't MHP later.
2
5
Mbagger or none
commented on
$CCK (7035.MY)$ the price has soared so much. one can be sure the plan w creador will do through? even if go through, will they be able to penetrate kalimantan’s market? the price has soar like 70%, will the earning able to catch up too?
4
Mbagger or none
liked
thank Harta for my Euro Trip, will buy back when the price adjusted
26
3