Twiggs
liked
Twiggs
liked
$PIE(7095.MY$
Although Guangyu Industrial's net profit for the first quarter of FY2024 shrank by 31.24% year-on-year to RM9.7 million due to falling demand from existing electronics manufacturing services (EMS) customers, the overall performance is still optimistic by the market.
Due to sluggish demand in the computer peripherals market, the revenue of the electronics manufacturing (EMS) division, which contributed 80% of revenue, shrank 19%, and customer A's load volume decreased, and only 30%-40% of the required orders were delivered in the first quarter.
Kennag Investment Bank Research still loves Guangyu Industrial. The main ones are 1) comprehensive skills, which are the preferred foundry for multinational companies, 2) as a foundry for Hon Hai Group, which has competitive advantages, and 3) diversified customers.
Looking ahead to the second quarter, experts believe that with the settlement of IC supply, and the completion of the renovation of Plant No. 5, which operates in June and produces all orders from Customer A, the second quarter's performance will improve. In addition, the company has begun to produce orders from small customers, namely drones, oral cancer diagnostic machines, smart homes, and industrial sensors, which will increase revenue by 8% to 12% in FY2024.
$PIE(7095.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. Author and minister...
Although Guangyu Industrial's net profit for the first quarter of FY2024 shrank by 31.24% year-on-year to RM9.7 million due to falling demand from existing electronics manufacturing services (EMS) customers, the overall performance is still optimistic by the market.
Due to sluggish demand in the computer peripherals market, the revenue of the electronics manufacturing (EMS) division, which contributed 80% of revenue, shrank 19%, and customer A's load volume decreased, and only 30%-40% of the required orders were delivered in the first quarter.
Kennag Investment Bank Research still loves Guangyu Industrial. The main ones are 1) comprehensive skills, which are the preferred foundry for multinational companies, 2) as a foundry for Hon Hai Group, which has competitive advantages, and 3) diversified customers.
Looking ahead to the second quarter, experts believe that with the settlement of IC supply, and the completion of the renovation of Plant No. 5, which operates in June and produces all orders from Customer A, the second quarter's performance will improve. In addition, the company has begun to produce orders from small customers, namely drones, oral cancer diagnostic machines, smart homes, and industrial sensors, which will increase revenue by 8% to 12% in FY2024.
$PIE(7095.MY$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are solely responsible for any risk and liability arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. Author and minister...
Translated
31
Twiggs
liked
Decisively sold Tesla Apple before the market and replaced it with Nvidia
Translated
13
2
Twiggs
liked
Malaysia's port sector is experiencing significant growth driven by increasing trade volumes and strategic investments aimed at enhancing capacity and infrastructure. Here’s an overview of the current landscape, key projects, and future prospects for Malaysian ports:-
Key Ports and Current Performance
Port Klang: As one of Malaysia's largest ports, Port Klang recorded its highest container handling volume in hist...
Key Ports and Current Performance
Port Klang: As one of Malaysia's largest ports, Port Klang recorded its highest container handling volume in hist...
5
Twiggs
liked
$Faraday Future Intelligent Electric Inc.(FFIE.US$ well at least i had fun. on the other hand, this could have been 20k when 3.89
16
6
Twiggs
liked
$AMC Entertainment(AMC.US$ this is as much a nostalgia investment as it is a lesson to the greedy Wallstreet thieves.
not letting go of one share till I say so. you'll have to pry them from my cold dead fingers.
not letting go of one share till I say so. you'll have to pry them from my cold dead fingers.
4