Balvinder Singh's comment on OCNCASH. All Comments
Balvinder Singh
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2024 Koyak. With Automotive sales drop by over 20% in January, Qtr 1 2025 starting off to be very challenging.
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depreciation, not operating loss. still making profit. the incoming plant should contribute more profit in next year
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Balvinder Singh
Yes, EBITA is showing a profit. I am concerned with the top line, Revenue. Millions invested in new machinery in Indonesia and New Plant in Thailand. Should start seeing results in Q3 2024. Thailand sales only 1.9 mil for the Q4 2024, way below the 5.7 mil in Q4 2022. Indonesia sales 2.1 mil. Q4 2022 was 2.8 mil. Why is sales dropping even with new plant and machinery started operations?
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