Comment | Revenue increased 17% and was second consecutive quarter increasing and also higher than preceding year corresponding quarter 25.7%, eps decreased 44.3% and also lower than preceding year corresponding quarter 4.3%, cash generated from operating more than enough to cover financing expenses and together with cash from financing enough to cover all investing expenses, gross margin drop from 15% to 13%, liquidity ratio indicate financial strength is sufficient to meet current obligation, lower gearing ratio indicate continue effort of reduce too high of gearing ratio, all accounting of inventory/receivables/payables period is good, automotive division growth and should benefit from recovery of Thailand division |
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