Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
This QR is good, the gold price will be stable at high level due to inflation, the group has hoarded so much raw materials to meet the market demand and avoid supply disruption.
There is not the profit margin issue, it is the sales issue, pls read probably the report so that readers won’t be misled. Sugar tax increased in Middle East and the sales was too low compared to local sales, we have the reason to believe that must be some interruptions happening there.
The QR seems average, but you should take note in the future what factors will affect the company performance, especially the high cost of feed and weakening Ringgit against USD despite the expansion of business. For long term outlook, the company maintains better result in the business in Indonesia that provides wider market for CCK.
