kok lun ooi

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Joined Jul 2019

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⭐ 3. Why many people misunderstand EG’s quarterly results

People think EG’s profit is unstable.
Actually, the business volume is stable — but MFRS 15 shifts revenue based on customer delivery timing.

Meaning:

Factory could be running at FULL load

Workers working OT

Inventory full

BUT profit still low because revenue not recognised yet


This happens when customer delays pull orders.
1 week · translate
result not good meh ...
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看 Cig Shanghai 刚出的业绩,你就会知道来临的成绩是不错的
1 month · translate
ready to up
1 month · translate
ready to fly
1 month · translate
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