热门标签

Elk-Desa Resources rides on recovery trend, posts RM17.59mil net profit in 1Q

时间:2周前   阅读:4   评论:1

新2足球网址www.99cx.vip)实时更新发布最新最快最有效的新2足球网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

KUALA LUMPUR: Bolstered by a positive performance in the first quarter of its financial year, Elk-Desa Resources Bhd plans to leverage on the recovery of the domestic economy to bring its hire purchase receivables portfolio to pre-pandemic levels.

“Moving forward, the domestic economy is expected to remain on a recovery trend, supported by the continued expansion in global demand and higher private sector expenditure given improving labour market conditions and on-going policy support,” said Elk-Desa Resources executive director and chief financial officer Teoh Seng Hee in a statement.

However, he noted that macro-economic uncertainties remain, including concerns related to higher cost of living that may impact current and potential hirers.

In the first financial quarter ended June 30, 2022, Elk-Desa recorded a net profit of RM17.59mil, which was about 3.5 times RM4.97mil in the previous comparative quarter.

Earnings per share picked up to 5.83 sen from 1.67 sen in the same quarter last year.

The group reported revenue of RM38.96mil, as compared with RM31.37mil in the comparative quarter on higher contribution from both hire-purchase and furniture segments.

,

皇冠体育apiwww.hg9988.vip)是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载、皇冠体育api接入的官方平台。

,

According to Teoh, hire-purchase revenue rose 7% to RM24.52mil, reflecting an expansion in the portfolio.

The segment also saw a reversal of impairment allowance of RM5.36mil compared to an impairment allowance of RM8.22mil in the same period last year.

Net impaired loans ratio decreased from 2.89% as at March 31, 2022, to 1.83% as at June 30, 2022.

There was also a reversal of credit loss charge of 0.98% compared to a credit loss charge of 1.43% in the last corresponding quarter.

Meanwhile, the furniture segment's revenue jumped 70% to RM14.44mil on higher sales, due to the absence of movement restrictions seen in the comparative quarter.

"Our positive performance was due to the better-than-expected decrease in non-performing accounts and exceptionally good collection trend.

"While this is facilitated by the normalisation of the national economy following the disruptions caused by the global health pandemic, we do not foresee such reversal of impairment to continue in the current year as uncertainties still persist within our operating environment,” said Teoh.


转载说明:本文转载自Sunbet。

上一篇:免费专家足球贴士(www.hgbbs.vip):Perodua to ramp up production to cope with demand

下一篇:lô đề hôm nay(www.vng.app):以太坊高度数据(www.326681.com)_Coinbase对2023年Crypto市场的三大展望

网友评论