For the period Nov 2021, the companies that delivered outstanding quarter results are mainly from the rubber product, steel, wood, oil & gas, palm oil, and aluminum industries.


StockRevenue (RM'000)Net Profit (RM'000)QoQ (%)YoY (%)Remark
FGV5,315,802399,39318%192%1. YoY - due to better operating profit driven by higher CPO price and improved performance of Sugar and Logistics Sectors.
HLT50,6026,103-48%158%1. YoY - Better performance from rubber gloves segments has contributed to the increase in the gross profit and gross profit margin.
2. QoQ - The decrease in revenue was attributable to lower revenue generated from rubber gloves segments and partially offset by the higher revenue generated from the glove-dipping lines segment. The lower revenue in the rubber gloves segment was due to lower sales volumes back by the normalising global glove demand.
PPB1,240,575407,908122%-1%1. YoY - lower profit was mainly attributable to lower profit recorded at the Grains and agribusiness segment at RM24 million (3Q2020: RM49 million) and higher losses recorded by the Film exhibition and distribution segment at RM41 million (3Q2020: RM28 million), partially offset by higher contribution from Wilmar International Limited (“Wilmar”) by 6% to RM432 million.
2. QoQ - no brief about QoQ but lower profit at previous Qr (lower profit was mainly attributable to a loss of RM72 million (2Q2020:profit of RM127 million) recorded by the Grains and agribusiness segment. Contribution from Wilmar International Limited (“Wilmar”) was also lower by 12% at RM249 million.)
ALCOM130,1466,881-13%422%1. QoQ - Despite the lower shipments and revenue recorded, the manufacturing segment improved its pre-tax profit by approximately RM0.86 million mainly as a result of good control of costs overall, a higher metal price lag* gain and the reversal of provisions for customers’ complaints no longer required. These were partially offset by an increase in provision for staff bonuses.
- The property development segment’s pre-tax profit had decreased mainly due to slower construction progress as a result of the implementation of EMCO in July 2021 that had completely halted construction activity, coupled with higher interest costs but offset partially by lower marketing expenses incurred. On the other hand, the construction segment’s pre-tax profit was mainly generated from the Group’s internal EmHub project, which was also impacted by the EMCO in July 2021.
2. YoY - manufacturing segment (77%) - as shipment volumes recovered to pre-Covid-19 levels. The overall surge in volume was 27% with a marked increase in exports to the United States market
- property development (23%) - . This substantial increase was mainly attributable to the threefold increase in the number of units sold. (EmHub Project)

*metal price lag refers to timing differences experienced on the pass-through of changing aluminium prices
based on the price we pay for aluminium and the price we invoice our customers
KGB106,3697,9608%62%1. YoY - higher revenue recognition from Process Engineering projects in Malaysia; The Industrial Gases segment continued an upward performance in 3Q2021 with higher production output.
- Apart from this, there were some tax exempƟons in China due to expenditure on research and developments.
2. QoQ - PBT decreased by RM1.0 million from RM9.7 million in 2Q2021. Notwithstanding the lower PBT, PAT increased by 8% to RM8.1 million from RM7.5 million. This is mainly due to the tax exemptions in China arising from expenditure on research and developments
AIMFLEX16,8001,287401%87%1. YoY - mainly attributable to the higher revenue recorded from the manufacturing segment by 82.4%.
2. QoQ - mainly due to higher revenue generated in Q3 2021.
AZRB202,7096,220130%114%1. YoY - In the Property Division, the completion (via official receipt of the Certificate of Completion and Compliance) and subsequent recognition of proceeds from the Division’s fully-sold Puncak Temala development in Marang, Terengganu, significantly boosted revenue.
- For the Plantation Division, better revenues was observed due to the improvement in the volume of palm product sales coupled with higher realised prices.
- The Oil & Gas Division posted improved revenue performance due to the higher demand for services offered in the Division’s supply base in Tok Bali, Kelantan, as business activities in this sector picked up arising from the positive impact of the Malaysian economy steadily moving towards recovery; post-nationwide vaccine administration
2. QoQ - due making losses on previous Qtr
NAIM115,2057,324325%37%1. QoQ - This was mainly attributable to higher work progress achieved from existing ongoing development and construction projects during this 3-month period
2. YoY - The increase was mainly contributed by the Construction division, which recorded a 63% increase in revenue when compared against that achieved in the corresponding period of 2020.
SEDANIA10,2521,240-50%2483%1. YoY - The increase was mainly due to higher revenue and positive contribution from the HealthTech and GreenTech segments.
2. QoQ - Total revenue decreased in comparison with the immediately preceding quarter mainly due to lower revenue contributions from the GreenTech and FinTech segments.
PRKCORP50,6611,621127%139%1. The increase in revenue and profit for the period is mainly contributed by the realisation of revenue from the sale of land in the property development segment.
TRC143,8925,86869%2%1. YoY - higher gross profit margin was mitigated by the recognition of a large amount of unrealized forex loss in the current quarter as opposes to an unrealized forex gain in the corresponding quarter
2. QoQ - due to lower unrealized forex loss and a substantially higher share of profit of JV recorded in the immediately preceding quarter had resulted in a lower profit before tax reported in that quarter
MAHSING364,56640,165-1%49%1. Revenue increased mainly contributed by higher sales of plastic pallets and automotive parts due to pent-up demand from essential and automotive industries.
2. Operating loss of RM0.4 million mainly attributed to the glove plant's pre-operating expenses and lower absorption of overhead costs as a result of low production volume in its first two quarters (second and third quarters) of operation due to government-mandated operating restrictions during EMCO and NRP.
MJPERAK2,54819,4983912%772%1. mainly contributed by other income sources arising from the 3 plots of land in Keramat Pulai that are part of the land swap exercise with Perbadanan Kemajuan Negeri Perak (PKNP).
SANICHI6,1862,153155%167%1. QoQ - The reason for the Group’s higher revenue for the current quarter was mainly due to the slow recovery of tooling job completion recorded within the quarter ended 30 September 2021.
2. YoY - no mention
BSTEAD3,680,30055,700863%208%1 YoY - The improvement in result was driven by better contributions from most of the divisions within the Group. The profit was also supported by the higher share of results from associates.
XDL137,8351,223104%126%1. YoY - This was mainly due to the gradual recovery of market activities during the current quarter and financial period under review, where the Group recorded improved sales from both the Own-branding and ODM divisions.
2. QoQ - mainly due to gradual recovery of orders from ODM division in line with the seasonal changes. This was, however, partially mitigated by lower sales recorded from the Own-branding division as some of our authorised distributors experienced adverse impact and disruption to their operations caused by the ongoing COVID-19 pandemic.
SEEHUP22,73526,0061766%8330%1. YoY - This was mainly contributed by the gain of RM27 million arising from the disposal of a parcel of industrial land formed by nine (9) adjoining lots and buildings and structures erected thereon measuring approximately 853,863 square feet,
SUNSURIA65,4967,794118%-15%1. QoQ - The revenue contribution is attributed mainly to the completion of the Monet Garden Townhouses and Villa project and the Giverny Walk project. Profit before taxation increased from RM7.81 million to RM13.78 million mainly due to the completion of the sale of Lot 1780 in Pulau Pinang.
JCY261,6792,326227%65%1. YoY, QoQ - RM36.7 million of gain on liquidation of subsidiary had been accounted for in the reporting quarter and the financial year, and the RM33.2 million of reversal of impairment recorded in previous year corresponding periods.
BARAKAH17,54292,98528%3265%1. YoY, QoQ - due to waiver of debt under the approved debt settlement between KL101 and EXIM Bank recorded during the current quarter.
- reported a decreased revenue by 14% during the current quarter ended 30 September 2021 compared to the immediately preceding quarter. The decrease in revenue was mainly due to the less order received from PCS. There is no new contract under ICS carried out during the current quarter
PERMAJU4,5402,630111%252%1. The significant turnaround performance was mainly due to the increase in fair value gain on other investments of RM4.3 million in this quarter as compared to the corresponding previous quarter. If this unrealised gain were excluded, the Group would have suffered a pre-tax loss of RM1.69 million as compared to RM2.00 million.
GETS16,4193,822125%210%1. further impaired the value of buses in the sum of RM2.01 million which resulted in a lower Profit Before Tax. However, such impairment was offset by the write-back of deferred tax of RM2.811 million. Revenue and Profit Before Tax for the quarter under review was 100% generated by the Group’s glove manufacturing business.
*got 5th QR
MULPHA141,187419,3771257%1751%1. mainly attributed to the one-off gain on disposal of an associate, Education Perfect, a New Zealand company involved in the online education sector, amounting toRM420.90 million.
GLOMAC75,39011,524567%27%1. mainly due to improvement in gross profit margin in property development segment and decrease in other operating expenses and finance cost.
MANULIFE388,15820,716-1%210%1. YoY - Life Insurance business - mainly due to higher premium income collected and higher dividend income
Asset management services - mainly due to higher unit trust sales and higher management fee income from higher Asset-under-Management (“AUM”).
COCOLND46,0144,07625%-44%1. YoY - Lower revenue of RM46.0 million for the current quarter, a decline of 3.1% from the immediately preceding quarter was mainly attributable to softer demand for gummy from Contract Manufacturing Business and snack in Saudi Arabia. The declining group revenue was partially offset by rising demand from in-house gummy and biscuit confectionery in the domestic market.
2. QoQ - principally due to lower factory labour costs and energy costs despite lower revenue, higher material costs and freight charges.
MUHIBAH193,99228010%105%1. YoY - The Group recorded a higher profit before tax in 2021 despite lower revenue mainly due to margin improvement from Construction and Cranes division in the current period. On the other hand, there was a provision for the staff restructuring exercise to streamline operational costs in the third quarter of 2020 of RM15 million.
MENANG21,8413,22925%216%1. QoQ - This was mainly due to the reversal of impairment losses of RM0.72 million in the preceding quarter. The current quarter profit after tax increased by RM0.79 million due to RM1.14 million deferred tax adjustments in the preceding quarter.
2. YoY - due to the proactive measures are undertaken by management to reduce the overall operating costs in the current quarter/period.
ANNJOO405,69169,080-17%465%1. YoY - primarily attributed to improved profit margins resulting from the higher selling prices, which were fundamentally driven by a robust recovery in China demand.
2. QoQ - mainly due to lower export tonnage in view of the price volatility in the international market. However, it was partly mitigated by the higher average selling price of various steel products.
BORNOIL11,0653,787-89%173%1. YoY - Head Office and Others Segment - recorded a profit before tax of RM5.47 million against a loss before tax of RM2.02 million mainly due to the fair value gain on quoted securities and gain on disposal of quoted securities of RM3.26 million and RM3.29 million, respectively for the quarter under review.
2. QoQ - mainly attributable to the FMCO, which restricts the installation activities on-site for the project management of an Integrated Limestone Processing Plant (“ILPP”) during the quarter under review.
APEX48,3598,14037%32%1. due to revenue of RM37 million derived from the disposal of development land.
GMUTUAL15,6617,829730%205%1. YoY, QoQ - Property Development - mainly due to the sales of the completed industrial projects as well as disposal of certain vacant lands
Property Management - higher profit mainly due to the gain on disposal of investment property in this current financial period
MKH217,9488,118-62%225%1. YoY - mainly due to higher gross profit from the plantation division as a result of the higher average selling price of crude oil palm (“CPO”) of RM3,321 per MT (4QFY2020: RM2,256 per MT) and inclusion of unrealised foreign exchange gains of RM2.5 million in the current quarter (4QFY2020: unrealised foreign exchange losses of RM15.0 million).
2. QoQ - mainly due to inclusion of loss on changes in fair value of investment properties of RM5.0 million, interest expense from the unwinding of discount on landowners’ entitlements of RM6.0 million, development expenditure expensed off of RM3.4 million and lower contribution from ongoing and newly launched property development projects
IJM874,249629,301858%532%1. YoY - primarily due to the gains of RM639.4 million arising from the disposal of subsidiaries.
FCW5,68311,0671502%144%1. due to higher billings for Phase One of Riana Dutamas which is close to completion.
YB8,6032,605178%-63%1. QoQ - the Group remains profitable mainly due to the selling of old stock, and further operational cost controls and gain on investment.
HLFG1,559,295640,56212%9%1. YoY - The increase was due to higher contributions from commercial banking and insurance divisions.
2. QoQ - The increase was mainly due to higher contributions from commercial banking, investment banking and stockbroking divisions.
YNHPROP36,1405,11482%277%1. due to smoother site progress as a result of the open up of the construction sector in the current financial year. The Group's performance for this year is mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163
SKPRES553,73640,11924%-9%1. QoQ - mainly due to better products mix and improvement in operational efficiencies and cost controls.
PETDAG5,200,662119,31045%-44%1. QoQ - mainly contributed by higher gross profit following increasing MOPS prices trend during the period. The increase was further contributed by lower operating expenditure, mainly from lower dealer’s commission, purchased and professional services and advertising and promotion activities.
ALAQAR28,67115,285-15%12%1. YoY - The revenue increase was mainly due to unbilled rental income related to KPJ Batu Pahat Specialist Hospital.
- profit - the increase was mainly due to saving from refinancing exercise of RM2.8 million as well as lower maintenance of properties of RM0.6 million set-off against higher provision for Covid-19 rental support of RM1.9 million during the current quarter.
PLENITU62,7645,443-33%1053%1. increase in revenue in the current quarter was mainly attributable to higher sales of completed properties, along with a contribution from on-going property development projects and the handover of vacant possession of Phase 19&20 (2B) – Harp, double-storey cluster homes at Taman Desa Tebrau
KPJ698,95812,63982%-63%1. YoY - due to higher fixed costs, the incremental cost for SOP compliance and losses incurred from new hospitals are still in their gestation period.
2. QoQ - the Group received rental rebates from Al-‘Aqar Healthcare REIT, which contributed to the better performance in the current period. Also achieved a higher bed occupancy rate
MESTRON14,2631,009626%-67%1. YoY - decrease in revenue was mainly due to implementation of Movement Control Order 3.0 (“MCO 3.0”) commencing 1 June 2021 and subsequently moved to Phase 1 of National Recovery Plan (“NRP”) starting 29 June 2021 to 10 September 2021.
2. QoQ - mainly due to the government having opened the economy phase by phase under the National Recovery Plan in September 2021 which has improved our scheduled deliveries of products to customers.
TIMECOM346,769100,5438%52%1. YoY
a) higher overall revenue growth in Q3 2021, due to higher recurring data centre revenue
b) higher net gain on foreign exchange of RM5.8 million in Q3 2021 as compared to a loss on foreign exchange of RM20.6million in Q3 2020;
c) higher interest income of RM0.9 million;
d) higher share of profit from associates of RM1.7 million;
e) lower provision for doubtful debts of RM3.6 million;
f) higher dividend income of RM0.5 million
TITIJYA68,7121,181107%974%1. QoQ - the profit after tax is higher in the current quarter mainly due to impairment of inventory – property under development in Odeon @ Jalan Tar amounted to RM20.1million which resulted in the loss in the preceding quarter.
2. YoY - Revenue mainly generated from the sales of completed properties at Mizu & H2O @ Ara Damansara and completion of the one-off sale of a parcel of land @ Bukit Padang. In addition, revenue is also attributable to the ongoing projects namely Neu Suites @ Off Jalan Ampang and The Riv @ KL Sentral.
KPPROP56,28015,7042%42%1. YoY - mainly contributed by higher development progress registered in our ongoing development project and sale of completed projects.
- The ongoing and completed projects which contributed to the Group’s results include Bloomsvale in Old Klang Road, Kuala Lumpur and Straits Residences in Seri Tanjung Pinang, Penang.
ATTA19,9561,710190%903%1. YoY, QoQ - contributed by Property Development Division and Cable support system Division
AXTERIA10,9601,271145%121%1. YoY, QoQ - The significant increase in revenue was mainly driven by recognition of higher revenue from Project Desa 88.
EDEN6,2151,313108%18%1. YoY - primarily due to the recognition of gain on fair value adjustments of investment properties which offset the operating loss recorded during the quarter.
2. QoQ - The PBT recorded was mainly due to the lower operating expenses arising from the absence of impairment loss on financial assets and property, plant and equipment.
IDEAL97,09221,985321%201%1. QoQ - The Group’s ongoing project, The Amarone, has a gross property sold value of RM266.944 million. This project is
currently at 68% of completion.
- In line with the Group’s focus on developing affordable houses in strategic locations in Penang, the Group has launched Ideal Residency, a development in the heart of Penang Island with a gross development value of RM520 million. This project has garnered a positive response with a high take-up rate to date. Sales have reached 70% and construction is currently at 7% of completion.
- The Group is developing Havana Beach Residences, a beach-inspired affordable home development in Bayan Lepas with a gross development value of RM535 million. This project is a hit among millennials as it is located in the fastest growing district in Penang. Sales are very encouraging at 60% and construction is currently at 6% of completion.
LUSTER35,0441,785204%-36%1. YoY - mainly due to lower billing towards the completion stage of the ongoing housing project in Daerah Seberang Perai Utara; due to the lower sales recognised.
2. QoQ - no mention
HARBOUR158,78017,492-33%87%1. YoY - The reason for the significant increase in the profit before tax is due to improvement in the freight rate and better utilization of shipping space from Intra Asia trade
2. QoQ - The reason for the decrease in the revenue is mainly due to lower lifting volume in the month of July when there was port congestion in China ports and Enhanced Movement Control Order (“EMCO”) in Selangor, Malaysia. Under this situation, the movement of cargoes was affected and reduced in our cargo booking on our vessels.
ICONIC19,0613,86918%28%1. YoY, QoQ - The higher revenue and contribution margins from the Property Development and Manufacturing segments are mainly attributed to the improvements for the current and cumulative financial periods.
CAMRES113,5073,522175%-28%1. YoY, QoQ - The lower profit before tax in the current quarter was mainly due to the loss incurred in the Manufacturing and Trading segment despite the increase in profit before tax in the Palm Oil Mill segment.
TONGHER183,83017,320-2%175%1. YoY - mainly due to increase in sales volume and higher average selling price from Fasteners segment and Aluminium segment.
2. QoQ - Decrease of the revenue mainly resulted from the decrease in sales volume generated from Fasteners segments and Aluminium segments
CFM6,66061,94620278%619560%1. During the current quarter the disposal of 4 parcels of land was completed and a gain before tax of RM63.1 million was realised.
AMEDIA3,4711,061585%1134%1. YoY - These results were also contributed from the additional appointment of new personal especially in its advertising team since incorporating the subsidiary, MMM Creative Sdn Bhd into the Group. During the quarter, the Group has continued to increase the headcount to handle the increasing new business from the digital marketing and advertising segments of the Group
2. QoQ - The preceding quarter performance was the result of one-month active business activities in the month of June 2021 only compared to the full three months business activities in the current quarter.
MALAKOF1,583,75167,160-43%32%1. YoY - primarily due to higher energy payments recorded from Tanjung Bin Power Sdn. Bhd. (“TBP”) and Tanjung Bin Energy Sdn. Bhd. (“TBE”) on the back of higher applicable coal price (“ACP”), higher contributions from Alam Flora Sdn. Bhd. (“AFSB”) and foreign investments in associates coupled with lower operation and maintenance costs.
2. QoQ - primarily attributed to lower contribution from TBP coal plant given the decrease in despatch factor, lower contribution from foreign investments in associates largely from Al-Hidd IWPP due to higher operation and maintenance costs coupled with provision for slow-moving stock made for certain gas plants as plants near the end of Purchase Power Agreement (PPA).
ABMB452,982172,74118%66%1. YoY - The higher profits were largely due to lower allowance for expected credit losses and higher revenue from net interest income.
AXIATA6,542,963349,56126%-1%1. QoQ - PAT and PATAMI increased by 11.6% and 25.9% to RM463.1 million and RM349.6 million respectively, underpinned by higher top lines, partially offset by higher depreciation and amortisation, foreign exchange losses and taxes.
HSL150,88210,52020%-3%1. QoQ - on the back of the Group’s revenue
BIOHLDG28,3681,5725%116%1. YoY - The strong performance was on the back of higher contribution from the manufacturing and supply of healthy foods.
IOIPG431,773208,81376%9%1. . Lower financial performance in the current quarter is mainly due to disruption to the Group’s operations from the reimposition of MCO by the Malaysian Government.
- increase due share of the associate company and interest income
AYER16,8195,993167%13%1. YoY - Plantation - The increase in revenue was due to the higher average selling price of fresh fruit bunches (“FFB”) in
the current quarter under review.
2. QoQ - Revenue increase 1.1%; pBT increase 165.7% (reason not mention)
YTLPOWR3,513,47135,395107%-54%1. YoY - Power generation (contracted) - The absence of revenue and higher loss before taxation was due to the expiry of the power purchase agreement for the Paka Power Station on 30 June 2021.
- Multi utilities business (Merchant) - The increase in PBT was mainly due to the higher vesting gross margin and pool gains, due to the increase in fuel oil price
NGGB17,4591,434228%-75%1. YoY - The lower profit recorded for the quarter under review due to higher operating expenses by 46%, increase in finance cost by 81% as well as lower contribution from non-operating income by 29%. The accounting recognition of ESOS issuance cost of RM5.17 million for the share option accepted during the quarter under review contributed a significant impact. However, excluding those ESOS issuance costs, the Group would have recorded profit growth of 15% to RM6.5 million as compared to RM5.66 million recorded in the same period of the preceding year.
2. QoQ - Net profit attributed to Property & Construction division jumped more than double (RM5.28 million) due to higher
selling price. Revenue attributed to Property & Construction increased by RM8.11 million due to bigger acreages of sub-divided land sold.
YTL5,064,597105,222126%8038%1. The significant increase in revenue and profit before tax was primarily attributable to the sale of lands by Satria Sewira Sdn Bhd and Emerald Hectares Sdn Bhd
2. QoQ - And the absence of the recognition of deferred tax expense arising from the increase in UK Corporation Tax rate from 19% to 25% with effect from 1 April 2023 in the preceding quarter
EMETALL51,0144,738-34%73%1. YoY - The increase was mainly attributed to the increase in sales from the steel product and trading activity.
2. QoQ - The decrease was mainly attributed to the one-off gain on disposal of land and building in the previous quarter. Excluding the one-off gain, the PBT increased from RM0.9 million to RM4.9 million.
CBIP136,55516,2015%51%1. YoY - The increase in the Group’s revenue was mainly due to higher revenue generated by the refinery and palm oil plantation segments. The increase in the Group’s profit before taxation was mainly due to higher contribution posted by the refinery segment, lower loss by the palm oil plantation segment as well as the improved share of results of associates and joint ventures.
2. QoQ - The increase in the Group’s profits before taxation was mainly due to the higher contributions by the special purpose vehicles and palm oil equipment and engineering segments following the higher revenue generated by both segments during the current quarter.
UCHITEC44,40824,5045%3%1. YoY - mainly due to higher demand for the Group's products and services
2. QoQ -
a. increase in demand for the Group's products and services (Revenue for 3 months ended September 30, 2021:USD10.6 million; June 30, 2021: USD10.2 million); and
b. appreciation of USD against Ringgit Malaysia during the reporting period (September 30, 2021:RM4.1776:USD1.00; June 30, 2021: RM4.1329:USD1.00).
HONGSENG56,46435,2245311%2356%1. YoY, QoQ - generated by Healthcare segment on supplying COVID-19 PCR test kits and providing laboratories for COVID19 PCR test, molecular infectious diseases and oncology testing. Also, gain on disposal of a subsidiary from financial services segment amounting RM33.6 million in the current quarter under review.
SAB246,70817,142-27%110%1. YoY - Outperformance was largely driven by the Milling & Estate Segment which benefitted from stronger commodity prices
2. QoQ - mainly due to a lower contribution from Oleochemical Segment, which fell 86% in the comparative period
SIGN20,5741,9793%20%1. Despite significant other income arising from the gain on fair value adjustment for investment in quoted securities, the group reported lower profit before tax as compared to the preceding period corresponding quarter. This was mainly due to lower project revenue, margin contributed from project segment and kitchen and wardrobe segments, and fair value loss on investment
properties.
JIANKUN12,1851,12373%-57%1. YoY - The decrease in revenue and profit before tax was due to the government implementing total movement control order which had caused the closure of the construction site.
2. QoQ - due to pick up work after Total Movement Control and sales conversion
CARMIN65,9194,10195%-41%1. YoY - due to reduction of personnel supply and vessel deployment, due to finalization of projects and cost rationalization of the latter.
2. QoQ - Not mention
LSTEEL56,7237,1059%185%1. YoY, QoQ - The significant increase was contributed by higher revenue growth and better profit margin in the steel segment during the current quarter.
SERNKOU77,9611,385189%-81%1. YoY - The operating results were affected due to the decrease in revenue and loss before taxation recorded in the manufacturing and trading of furniture division.
2. QoQ - previous Qr making losses
KPS360,097256501461%59%1. attributed to higher other income recognise resulting from the gain on disposal of properties at Toyoplas amounting to RM10.3 million coupled with higher gain on foreign exchange by RM0.5 million. Lower loss on foreign exchange and finance costs by RM2.2 million and RM0.8 million respectively also led to the increase in profit before tax and zakat during the quarter.
MYCRON146,8807,895-42%103%1. YoY - The strong rebound is attributed to higher gross profit from better margin spreads in both segments boosted by pre-shutdown orders fulfilment where the uptrend was still prevalent. (Cold Rolled, Steel Tube)
2. QoQ - attributed to the longer FMCO shutdown period of six weeks compared to only four weeks in the immediate-preceding quarter, which had resulted in 17% lower sales volume and 17.7% lower gross margin
GOB89,5031,75438%-69%1. YoY - The overall decline in financial performance was mainly attributed to the lower sales of inventories and lower contribution from development projects in Seri Kembangan following the completion of Villa Heights 2 during the previous financial year.
2. QoQ - mainly due to higher sales and work progress of Pavilion Embassy project as well as higher other operating income.
KSL67,4478,712-74%37%No mention
DLADY290,66320,380-25%121%1. YoY - Like-for-like Operating Profit (excluding accelerated depreciation of fixed assets) in the quarter rose 144%. When excluding the fresh milk inventory valuation adjustment in Q3’20, operating profit performance was even stronger on the back of positive mix performance (channel and portfolio), partially offset by higher brand investments and increases in prices for global dairy raw materials.
2. QoQ - Like-for-like Operating Profit (excluding accelerated assets depreciation) in the quarter declined 19.8%, where higher demand for Dutch Lady products was offset by strongly increasing prices of global dairy raw materials and higher brand investments.
GFM27,4262,611-2%37%1. YoY - The growth was mainly on the back of maintaining business continuity throughout the Full Movement Control Order (“MCO”) 3.0, as well as revenue contribution from the GFM's provision of operations and maintenance (“O&M”) services at the Pengerang Integrated Complex (“PIC”) in Pengerang, Johor.
2. QoQ - The lower revenue is mainly due to a completion of a project during the quarter.
DAYANG223,83618,983187%-47%1. YoY - The slight decrease in revenue in the current quarter is mainly attributable to delayed work orders/contracts being awarded from oil majors arising from the impact of the Full Movement Control Order.
2. QoQ - mainly due to a higher vessel utilisation rate at 66% as compared to 50% in the second quarter of 2021 and higher work orders received from the topside maintenance contracts.
- Higher PBT - net realised/unrealised foreign exchange loss of RM1.0 million, as opposed to an allowance of impairment loss on PPE of RM27.9 million which was taken into account in the second quarter of 2021.
INNO54,61524,18817%133%1. YoY - mainly due to higher average selling prices of CPO and PK by 66% and 77%.
2. QoQ - due to higher average selling price of CPO and increase in FFB production volume by 15%.
CHHB70,57418,649481%447%1. YoY, QoQ - Property Segment - The increase was mainly due to the sale of land located at CH Damansara.
- Healthcare Division - due to the increase in revenue from the national vaccination programme held at the healthcare centre
HAPSENG1,633,478381,554291%97%1. The higher operating profit was mainly attributable to the gain from the fair value of biological assets of RM2.6 million as compared to a loss on the fair value of biological assets of RM4.7 million in the immediately preceding quarter and favourable valuation of closing inventories in the current quarter
KTB5,4571,847141%-88%1. YoY - Lower profit recorded during the quarter under review was mainly due to waiver of debts amounted to RM40.0 million enjoyed by the Group in 2020
- Profit for the period was mainly arising from reversal of interest expense amounted to RM3.6 million recognised in the prior year due to the Court decision against Tan Chong Industrial Equipment Sdn Bhd as disclosed in Note 21.
MSM548,64696,861619%236%1. QoQ, YoY - higher PAT for the three months period ended 30 September 2021 due to gain on disposal of MSM Perlis Sdn. Bhd. of RM85.52 million, compared to LAT of RM72.13 million in the same period last year.
BHIC43,32511,781-4%187%1. YoY - revenue mainly from the submarine contracts and other defence-related MRO projects
2. QoQ - mainly due to Contraves Advanced Devices Group reduced operations and global shortage of certain electronic components and higher unrealised foreign exchange loss arising from outstanding trade payables.
JCBNEXT2,2434,43432%247%1. YoY - mainly attributable to the higher dividend income and foreign exchange gains as mentioned above in addition to a higher share of profit from associates in the current quarter.
2. QoQ - mainly due to higher foreign exchange gains of RM0.61 million in Q3 2021 compared with RM0.18 million in the previous quarter.
D&O174,56518,598-31%26%1. YoY - underscored by underlying strong growth in global automotive LED demand and progressive commercialisation of new business wins.
2. QoQ - due to capacity underutilisation during the plant shutdown.
SHL33,77611,04313%135%1. YoY, QoQ - The increase in the Group’s profit is mainly due to higher revenue generated by the property development segment.
IBHD21,5683,188193%237%1. Property Development - mainly from the completion of the Hill10 residence project as well as recognition of the sales of the latest development, BeCentral.
2. Property Investment - mainly due to fair value gain from development cost savings recognised arising from the corporate office tower
BREM39,5356,651742%2527%1. The shoot up in revenue was mainly due to the improvement in sales of properties at project Harmony-2 and recognition of contribution from the selling of industrial land at Sungai Buaya
JTIASA145,99724,57031%-29%1. YoY - Decrease in the sales volume of FFB and CPO by 44% and 48% CPO respectively; Higher FFB and CPO cost of production resulting from a reduction in production volume by 40% and 38% respectively.
2. QoQ - no mention
OPCOM22,1712,525-5%247%1. YoY- due to higher sales of fiber optic cables, thixotropic gel, fiber reinforced plastics, engineering services and industrial materials.
2. QoQ - y due to the higher sales of fiber optic cables, fiber reinforced plastics, trading of industrial materials, engineering services, and partially offset by lower revenue from the thixotropic gel.
FIMACOR73,1711,443518%56%1. primarily due to the higher price of CPO and CPKO. In line with higher revenue coupled with lower operational cost and lower foreign exchange loss, the pre-tax profit for the division increased by RM21.6 million as compared to the corresponding period last year
SAM234,82916,51438%7%1. The higher revenue from the Aerospace segment was due to an increase in sales of casing products. For the Equipment segment, the higher revenue was mainly due to an increase in demand from the semiconductor and data storage customers.
2. The profit before tax for the Equipment segment was higher mainly due to higher sales offset by unrecoverable fixed costs caused by the temporary closure of 2 factories in Penang
UNIMECH73,0545,95426%1%1. The increase in revenue was due principally to higher demand from main business segments and major geographical markets.
OSKVI7,7497,363250%349%1. This was mainly due to the fair value gain on financial assets of RM18.76 million from the private equity portfolio
FAVCO135,58610,384-23%152%1. YoY - The increase in the group profit before tax was mainly due to an increase in sales.
2. QoQ - the decrease in group profit was mainly due to a decrease in sales.
PERSTIM286,08310,936103%-28%1. YoY - due to higher selling price despite lower sales volume
2. QoQ - The higher profit before tax was due to a higher profit margin despite lower sales volume in the Current Quarter.
SHCHAN11,6535,708-94%668%1. YoY - The increase in revenue was mainly contributed by the increase in revenue from the oil palm plantations segment
- Profit increase - This was mainly due to the inclusion of the results from the Group’s recently acquired subsidiary, Tunas Selatan Pagoh Sdn Bhd, which was completed on 21 May 2021.
2. QoQ - The decrease in revenue in the oil palm plantations segment was mainly due to lower FFB production by 1,358mt against the immediate preceding quarter which was cushion off by the higher CPO and FFB prices by 4.9% and 3.3% respectively compared to the immediate preceding quarter
- The Group’s high profitability in the immediately preceding quarter was mainly due to the recognition of negative goodwill of RM98.62 million arising from the acquisition of the entire equity interest in Tunas Selatan Pagoh Sdn Bhd which was completed on 21 May 2021.
MPI584,52581,6849%48%1. The higher PBT for the quarter under review was mainly due to higher revenue across all segments and effective cost management.
THPLANT205,86626,8051%70%1. YoY - mainly contributed by higher revenue and lower unrealised foreign exchange losses from the oil palm plantations segment.
- higher revenue from oil palm plantations on the back of higher average realised prices for CPO, PK, and FFB despite lower sales volume for CPO, PK, and FFB
CMSB185,86853,87914%15%1. The significant improvement in Group's PBT was attributed to gain on disposal of Kenanga Investment Bank Berhad (“KIBB”) shares amounting to RM28.52 million, gain on disposal of the land of RM12.74 million and improvements in associates' and joint ventures’ performances in the current period which contributed to an increase in the share of profit by RM78.32 million.
GENP732,824102,217-2%67%1. YoY - increase in palm products prices
HSPLANT173,63052,92512%111%1. YoY - mainly attributable to higher average selling prices realisation of Crude Palm Oil [“CPO”] and Palm Kernel [“PK”] reduced however by lower sales volume of both products.
2. QoQ - Revenue was affected by the lower sales volume and lower average selling prices of CPO and PK. The higher PBT was mainly attributable to the gain from the fair value of biological assets of RM2.6 million as compared to a loss on the fair value of biological assets of RM4.7 million in the immediately preceding quarter and favourable valuation of closing inventories in the current quarter.
CHUAN96,0682,058-67%165%1. YoY - mainly due to higher selling prices for steel products and thus higher profit margin
2. QoQ - mainly due to a fair value gain of RM1.2 million on investment properties recorded in the previous quarter. (Other segments)
ORIENT70,08968,65697%358%1. YoY - The decrease in revenue was mainly attributed to the lower contribution from the automotive segment with an overall decrease in the number of cars sold from retail operations.
- mainly attributed to higher contribution from plantation segment (unrealised foreign exchange gain of RM 90.0 million (2020
unrealised foreign exchange loss: RM 116.3 million) from the strengthening of the IDR against the JPY denominated borrowings.)
PA61,11010,109-29%197%1. YoY - The improved performance was contributed by among others, foreign exchange losses and use of generating sets in the previous year.
2. QoQ - The lower turnover was mainly due to reduced production imposed by the MCO during the quarter
MATANG3,4711,429229%10%1. YoY - due to the increase in average FFB prices
2. QoQ - mainly due to the higher administrative expenses and lower other income in the immediately preceding quarter.
BCMALL16,9651,509128%21%1. YoY, QoQ - The higher pre-tax profit was mainly due to the higher profit margin contributed from service generated income as well as the unrealised gain on disposal of quoted investments.
- and in the absence of higher marketing expenses and professional fees incurred for the COVID-19 test kit in the healthcare product business segment in the immediately preceding quarter.
MAA57,0465,838200%-74%1. YoY - profits were offset by Loss before taxation (“LBT”) of RM0.2 million from the Investment Holdings segment, LBT of RM1.5 million from the Education Services segment and LBT of RM3.0 million from Other segments.
2. QoQ - no mention
PBA82,2684,544245%-60%1. QoQ - primarily due to an increase in revenue generated from capital contribution funds
2. YoY - mainly due to the decrease in revenue generated from the sale of water and the increase in the administrative expenses such as allowance for expected credit losses.
KLK5,934,533625,800-20%200%1. YoY, QoQ -
- Surplus of RM4.3 million (4QFY2020: surplus RM82.7 million) on sales of land and government acquisitions.
- Foreign exchange gain of RM962,000 (4QFY2020: loss RM48.6 million) from the translation of intercompany loans denominated in foreign currencies.
- Impairment on an estate in Liberia amounted to RM61.9 million (4QFY2020: Nil)
MMSV12,7402,81611%2171%1. mainly due to the lower gain on fair value adjustment in other investments recorded as compared to the gain in the preceding quarter.
TSH309,07445,07814%87%1. YoY - due to the significant increase in revenue contribution from the Palm Products segment despite being impacted by the increase in Indonesia Export Levy and Duty
2. QoQ - mainly attributable to higher sales in Wood and Cocoa divisions; due to higher average CPO selling price but partially
offset by the unrealised loss of RM16.1 million arising from changes in fair value on outstanding CPO derivative contracts; attributable to a higher share of profit contributions from joint ventures and associates.
AYS221,5002,469-23%12223%1. YoY - The higher revenue was mainly attributable to higher revenue in the Trading & Services division despite lower revenue from the Manufacturing division.
- mainly due to higher revenue coupled with the tight supply situation leading to higher selling prices despite the higher cost of goods sold, and the lower interest expense.
2. QoQ - The lower operating profit and PBT were mainly attributable to lower revenue, higher cost of goods sold and higher interest expenses.
HOOVER21,7431,9563735%362%1. YoY - mainly due to the high contribution from the Construction and Property Business segment, whereby there are 3 new construction projects which kick start during this reporting quarter.
2. QoQ - mainly due to reversal of the previous provision on impairment on trade receivables of RM1.60M in the current quarter.
YSPSAH71,4124,260-4%1538%1. YoY - For the nine months ended 30 September 2021, the Group recorded a lower profit before tax of RM16.4 million compared to RM24.7 million in the same period last year which was attributed to the higher cost of goods sold for the product mix and decrease in demand from the export market.
2. QoQ - due to increasing in cost of goods sold and lower productivity during the quarter under review
MAYBULK58,677113,575254%2009%1. YoY - mainly due to non-recurring items of gain on disposal of property, plant and equipment of RM98.014 million and gain on derecognition of a joint venture of RM6.869 million, offset against loss on liquidation of subsidiaries of RM0.539 million
2. QoQ - mainly due to an increase in charter rates and lower operating expenses from a smaller fleet size, offset against higher crew related to cost and additional COVID-19 related expenses.
BPPLAS13,30510,113-32%30%1. YoY, QoQ - The increase was attributable to stronger demand and higher selling price for the quarter under review.
MICROLN62,9917,1219%56%1. YoY - The higher revenue was mainly attributable to higher-order fulfilments and progress billings particularly in Enterprise Solutions segments
2. QoQ - The higher profit recorded in the current quarter was mainly attributable to higher revenue contributions from the Distribution segment.
PCHEM5,766,0001,964,0006%317%1. due to higher product prices in tandem with the improving crude oil price, tight supply and healthy demand from global economic recovery.
- Profit after tax improved by RM1.5 billion at RM2.0 billion in line with higher EBITDA and share of profit from joint ventures and associates.
PETGAS1,426,793580,84132%-2%1. YoY - The Group recorded an unrealised foreign exchange loss of RM10.4 million relating to the translation of USD-denominated assets and liabilities during the quarter, which contrasts with a gain of RM94.3 million registered in the corresponding quarter.
2. QoQ - attributable to higher revenue from the Utility segment as a result of higher sales volumes coupled with higher product prices to customers. The higher sales volume was achieved on the back of higher customer demand coupled with the commencement of electricity supply to the grid under the New Electricity Despatch Arrangement (NEDA) from August onwards.
AFFIN552,492133,20213%173%1. due to improved net interest income, Islamic Banking income, net fee and commission income, lower modification loss and allowance for impairment losses. These were offset by lower gain on sales from financial instruments and higher other operating expenses. The share of profits from the joint venture and associate were also higher by RM7.1 million and RM10.3 million respectively.
ELSOFT6,9322,97954%8%1. mainly due to the improved revenue but were offset against additional share-based payment of RM360,000 in administrative expenses and the lower return from other investment
- The improved revenue was mainly due to the increased demand in the smart devices industry in the current quarter.
IJMPLNT299,782101,04068%9815%1. The Malaysian operations recorded an increase in revenue due to the higher commodity prices. As a result, a better financial performance was reported despite the lower FFB production and sales volume
2. The CPO export levy and tax imposed by the Indonesian authorities continued to cap the benefit of the high global CPO prices to upstream palm oil producers in the country. It has resulted in a reduction in revenue of approximately RM36.1 million during the current quarter in the Indonesian operations. FFB production in the Indonesian operations improved as compared to Q2-FY2021. Coupled with the higher commodity prices and net foreign exchange gains recorded on the foreign currency-denominated borrowings, the overall financial performance for the quarter was significantly improved as compared to Q2-FY2021.
RL38,1895,83948%827%1. YoY, QoQ - mainly due to recognition of mobilisation fees for the Mauritania project. (Reservoir Link Energy Bhd has bagged a contract worth US$11.5 million (approximately RM46.3 million) for the provision of perforation and wash for abandonment and decommissioning of Chinguetti and Banda Fields, offshore Mauritania
- estimated to be completed in nine months from Nov 28, 2020.)In addition, the newly acquired subsidiary Founder has contributed revenue of RM6.4 million in CQ. In line with the increase in revenue, the PBT has also increased accordingly.
CJCEN187,82411,062235%2133%1. the pre-tax profit recorded an increase of 33% mainly due to the gain on disposal of subsidiary amounting to RM8.175 million.
- The Company had on 1 July 2021 disposed of its courier services business through the divestment of its 100% equity interest in CJ Logistics Express Malaysia Sdn Bhd
SUNCON272,07819,296132%-20%1. YoY - The Group's revenue and profit before tax saw a decline due to both the construction and precast segment
2. QoQ - Profitability improved despite lower turnover due to the construction segment
- Profit margin for the current quarter was much better despite lower revenue due to certainty of better margin as projects progressed closer to completion and the immediately preceding quarter had the effect of one-off bank upfront charges in India amounting to approximately RM5.7 million from financial close for both of our India HAM projects.
PENERGY92,9705,890137%-75%1. YoY - Services Segment - Lower revenue recorded in Q3 2021 resulted from lower activities in existing contracts
- Marine Assets Segment - The segment recorded a profit before taxation of RM7.5 million in Q3 2021 as compared to profit before tax of RM4.9 million in Q3 2020 due to improved efficiency in vessel management.
2. QoQ - no mention (Gain on exchange)
TEXCYCL6,1291,809159%15%1. YoY - due to higher repair and maintenance fee incurred and increase in the allowance for expected credit loss for receivables
2. QoQ - due to the higher fair value gain from investment in unit trusts and reversal in the share of losses in the UK in accordance with IFRS 10 and IAS 28.
TIMWELL9,1191,4408%127%1. YoY, QoQ - increase in revenue is due to increased production and better selling price in this quarter
QES51,6713,774-2%132%1. YoY - The increase was mainly due to higher sales from the distribution division by RM17.84 million notwithstanding lower sales from the manufacturing division by RM2.14 million.
2. QoQ - The decrease in revenue was mainly due to the lower revenue generated from the distribution division by RM3.71 million notwithstanding an increase of RM1.08 million from the manufacturing division.
KKB99,1029,634290%-13%1. YoY - the backdrop of lower revenue and lower margin from the Group’s Steel Pipes and Civil Construction divisions.
2. QoQ - mainly due to improved profit margin on projects completed from the Steel Fabrication division.
GDB88,2666,40330%-14%1. YoY - Decline in PBT due to
- increase in construction material prices;
- machinery idling costs, operational staff costs and other maintenance components incurred during the full lockdown period when there was negligible revenue contribution;
- COVID-19 SOP compliance costs such as testing, quarantine and site disinfection; and
- lower other income.
2. QoQ - increase in revenue which is accompanied by higher other income and lower administrative expenses as well as other expenses for the current quarter under review.
KESM68,5837,5171249%884%1. YoY - attributed to higher sales for burn-in and testing services, but lower orders for electronic manufacturing services (“EMS”).
2. QoQ - The improvement of RM8.6 million in profit before tax was mainly due to
(i) higher net revenue by RM10.7 million and
(ii) higher fair value gain by RM3.8million, partially offset by
(iii) higher repair and maintenance and utilities cost of RM2.3 million;
(iv) higher employee benefits expense by RM2.1 million and
(v) higher management fee of RM1.0 million.
UOAREIT30,04316,2129%77%1. gross rental has increased by approximately 62.2% whereas total expenditure increased by approximately 62.8%. The increase in gross rental and total expenditure was mainly due to the acquisition of UOA Corporate Tower at the end of 2020.
NCT26,2838,037-15%553%1. YoY - The increase in revenue was contributed by the newly acquired projects namely Grand Ion Majestic and Grand Ion Delemen.
2. QoQ - The decrease was affected by the Full Movement Control Order (“FMCO”) effective from 1 June 2021 until 10 September 2021 as announced by the Government.
SIMEPLT5,061,000610,000-1%221%1. YoY - driven by stronger recurring profit before interest and tax ("PBIT") from the Upstream segment which compensated for the decline in profits contributed by the Downstream segment
2. QoQ - The loss from discontinued operations for both quarters comprised of provision for impairment of the Group's shareholding in a joint venture, Emery Oleochemicals (M) Sdn Bhd.
WZSATU62,7082,157169%0%1. YoY - offset by a loss before taxation of RM2.7 million in the remaining segments inclusive of amortisation of a project contract asset of RM0.9 million.
2. QoQ - . The increase in revenue of RM3.0 million was due to higher revenues of RM5.9 million and RM2.3 million in the CEC and remaining segments, respectively. This was offset by the lower revenues of RM4.7 million and RM0.5 million in the manufacturing and OG segments, respectively (Previous Qr making losses)
3A115,31511,971-5%104%1. YoY - mainly a result of higher average selling prices of products sold in the current quarter under review.
2. QoQ - mainly a result of lower quantities of products sold in the current interim quarter under review.
IMASPRO13,2415,724320%399%1. YoY, QoQ - This increase was due to higher demand in the local segment as compared to the preceding year corresponding quarter
- The increase in the profit for the period was contributed by a gain on disposal of property.
JAG46,5044,5890%87%1. YoY - This was due to higher sales of precious metals which were driven by strong demand for commodities products globally and locally.
2. QoQ - The lower other income is mainly due to the absence of a gain on disposal of investment in the current financial quarter as compared to the immediately preceding financial quarter. In addition, the absence of recognition of impairment loss on a fixed asset in the current financial quarter had led to lower other operating expenses as compared to the immediately preceding quarter.
ULICORP41,3127,913-16%56%1. YoY - mainly due to higher revenue contribution from both Cable Support Systems division and the Electrical Lighting and Fittings division as the previous corresponding period’s performance was significantly impacted by the Movement Control Order
2. QoQ - mainly due to lower revenue generated and lower profit margins achieved on goods sold during the quarter (EMCO)
SALCON73,3668,265-12%508%1. YoY - due to higher contributions from a share of profit from joint ventures.
ADVCON69,6491,849174%-41%1. YoY - The decrease was mainly attributable to lower progress billings from its ongoing construction projects and support services as some of the project sites were only allowed to fully operate from August 2021.
2. QoQ -
- Increase in gross profit by RM 4.0 million as site operations were back to normal after the end of the Third Movement Control Order;
- Share of profit from the associate company amounting to RM 0.5 million; and
- Decrease in administrative expenses by RM0.8 million resulting from improvement in operational efficiency
TALIWRK102,30541,358229%156%1. YoY - The higher revenue was mainly attributable to the receipt of toll compensation of RM43.5 million from the Government of Malaysia for the non-increase in scheduled toll hike in respect of 2020
- The PBT was also contributed from a higher share of results from an associate, SWM Environment Holdings Sdn Bhd (“SWMEH”) and joint venture as well as lower depreciation and amortisation expenses. Financing costs also saw a reduction due to the redemption of the Islamic Medium-Term Notes (IMTN).
TAFI9,6411,922358%195%1. QoQ - due to Local projects sales with higher margin; Gain from compensation for the cancellation of the order.
2. YoY - due to Higher export sales; Local projects sales with higher margin; Insurance claim of a flood; Gain on disposal of Property, Plant and Equipment (PPE) and Right of Use (ROU) assets; Gain from compensation for the cancellation of the order.
TIENWAH58,2591,765-54%278%1. YoY, QoQ - The current quarter revenue was affected mainly by lower demand for cigarette-related packaging products from our Indonesia operation.
- the Group recorded its share of gain from disposal of a building by its joint venture Toyo (Viet) - DOFICO Print Packaging Co. Ltd ("TVDP") amounting to RM1.3 million.
HEIM389,84851,017103%-17%1. principally due to revenue growth, effective allocation of marketing investment, right-sizing of our organisation and cost base, faster adoption of digitalisation and the absence of the one-off settlement of the Customs’ Bills of Demand of RM7.2 million incurred in June 2020.
HIBISCS246,69041,523-16%314%1. QoQ - In the Current Quarter, the average net oil production rate was 5,311 bbl per day, which was lower than the Preceding Quarter’s 6,394 bbl per day. The average OPEX per bbl for North Sabah increased to USD19.16 due to the lower production in the Current Quarter on the back of higher OPEX from planned major maintenance activities which commenced in May 2021, when
compared to USD15.67 in the Preceding Quarter
HARTA2,011,330914,009-60%68%1. YoY - The increase in profit before tax was mainly due to the higher sales revenue which was partially offset by the higher raw material cost.
2. QoQ - On top of the decrease in sales revenue, the profit margin was also affected by higher raw material costs where the drop in raw material prices was not in tandem with the drop in ASP.
- shut down due to the Enhanced Movement Control Order (EMCO) in July ’21
CCB212,0022,103217%-71%1. QoQ - due to lower personnel cost and depreciation of property, plant and equipment.
2. YoY- not mention
GREATEC95,33428,970-25%25%1. YoY - primarily contributed from the increased realised and unrealised foreign exchange gain; and a lower administrative and marketing expenses mainly attributable to the provision of employees’ incentive expenses recognised in the prior year corresponding quarter.
2. QoQ - here were lesser revenue recognised during the current financial quarter due to the production line systems (PLS) shipped in the last quarter were in customer site acceptance this quarter.