LKL International (0182)
Sector: Healthcare
Updates on 4Q2018 (latest):
1) Revenue (4Q18 VS 3Q18) ⬇️ from RM10.25mil to RM7.75 mil. Cost of sales is at high level (3Q18 - RM 6.1 mil; 4Q18 - RM 5.8mil) This is due to rising of raw material prices.
2) Profit before tax 4Q18 is a loss ❌ of RM1.641mil. This is due lower gross profit and increased operating costs associated with the Group's new subsidiary.
3) Group expected the performance to be challenging in the near term, due to slower capex from customers, forex volatility & rising material costs.
Notes:
1) Slow demand leads to lower sales & lower profit margin. ✖️
2) High raw material cost is negatively impacting on LKL's margins. ✖️
3) Intense competition. ✖️
4) No catalyst at the moment. ✖️
You may refer to my full article here: 👇
https://www.facebook.com/1556375241344804/posts/1987275178254806/
DISCLAIMER: This is not a call buy or call sell recommendation, this post is intended for learning and educational purposes only, please trade at your own risk.
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