哈希游戏
热门标签

环球UG:Hup Seng margins under pressure

时间:3周前   阅读:8   评论:5

环球UGwww.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

Rising raw material prices affecting operations

PETALING JAYA: Hup Seng Industries Bhd’s margins for the rest of its financial year 2022 (FY22) is expected to continue eroding on the back of higher input costs, says TA Research.

However, the group will be monitoring commodity prices, as well as evaluate and adjust its pricing accordingly amid the challenging operating environment alongside rising inflationary pressures.

Additionally, the resizing of major products will be an option when the need arises.

Hup Seng’s core earnings of RM10mil for the first half of FY22 (1H22) came in below TA Research estimates but within consensus forecast, accounting for 29% and 45% of full-year estimates, respectively.

The research house said the negative variation was due to higher-than-expected raw materials costs, which decreased the gross profit margin by 5.6 percentage points year-on-year (y-o-y) to 22.4%.

,

Telegram群成员导出www.tel8.vip)是一个Telegram群组分享平台。Telegram群成员导出包括Telegram群成员导出、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram群成员导出为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

On a positive note, group revenue for 1H22 increased marginally by 2.6% y-o-y to RM153.1mil, owing to higher selling prices.

“Domestic sales grew 2% y-o-y from modern and wholesale channels mainly in Sabah and Sarawak,” the research house said, adding that export sales improved 6% y-o-y mainly due to exports to Thailand and Maldives.

As a result of the increase in revenue and higher selling prices, Hup Seng’s pre-tax tax in 1H22 declined by 26.9% y-o-y to RM13.4mil, as higher raw material prices eroded margins.

The group has proposed a first interim single-tier dividend of one sen per share during the quarter under review, representing a drop from 1.5 sen per share declared in the same period last year.

TA Research has reduced its earnings forecast on Hup Seng to account for the higher input cost assumptions, with cost pressures expected to ease in FY23 and FY24.

Consequently, the research house reduced its dividend per share forecast for the coming financial years.

The research house is maintaining its “sell” call on Hup Seng. However, it reduced the target price to 72 sen per share from 88 sen previously.


转载说明:本文转载自Sunbet。

上一篇:科学上网电报群(www.tg888.vip):美国大搞核扩散威胁世界和平

下一篇:足球预测网:AmBank in good position to weather challenges

网友评论

  • 2022-08-29 00:31:29

    PETALING JAYA: G Capital Bhd’s (GCap) 51%-owned subsidiary G Capital Water Solutions Sdn Bhd has secured a RM7.05mil contract from Pembinaan Limpah Bersatu Sdn Bhd.已中毒,还能更深

  • 2022-09-22 00:49:03

    KUALA LUMPUR: Jentayu Sustainables Bhd (Jentayu Sustainables), previously Ipmuda Bhd, said the hydropower plant it is acquiring in a related-party transaction will be commercially operational by the end of this year.写的这么好,出书吧

  • 2022-12-18 00:34:25

    AMERICAN candy giant Mars Wrigley has insisted it “respects China’s national sovereignty” and apologised after an advert for its Snickers bar referred to Taiwan as a country, sparking outrage on the mainland.最喜欢这个网站