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Raymond, Q3 always the highest revenue & profit one, this co you need to compared Q2Q because of their client demand pattern.. Q32020, latest Q4 2020 result all highest in the history.
qr got improve but below expectation as this quarter suppose to have more highest net profit as sales volumes increase alot but high expense and tax make the profit margin not good.
Don't let market sentiment affect your emotions to lead your decision. This qtr is above expectation, normally, follow the season, its qtr3 is highest. However, this qtr was achieved extremely high, excepted would be around 9m, dividend around 0.12, but it achieved to 12m, and dividend 0.14.
My focus more on profit margin. Everyone know its sales volume will increase yoy but the margin is lower than q419. That my concern. Hope it will improve the cost efficiency in upcoming quarter