首页 社会内容详情
ERC20换TRC20:Hup Seng margins under pressure

ERC20换TRC20:Hup Seng margins under pressure

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

ERC20换TRC20,TRC20换ERC20www.u2u.it)是最高效的ERC20换TRC20,TRC20换ERC20的平台.ERC20 USDT换TRC20 USDT,TRC20 USDT换ERC20 USDT链上匿名完成,手续费低。

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%.

,

以太坊单双博彩游戏www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,以太坊单双博彩游戏数据开源、公平、无任何作弊可能性。

,

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。

发布评论