Type something and hit enter

Pages

Back to Top
On


合成工业 (HUPSENG) - 仍在努力经营,创造佳绩

由于国内和出口市场销售季节性下滑,收入下滑10.5%至7,710万令吉。 此外,毛利率也从38%下降至36.7%是因为较高的投入成本而导致税后盈利较低(-23.0%)。其主要原因是投入成本较高(以棕榈油,面粉和食糖等原料为主),而运营成本仍然很高(管理和营销费用包括员工,运输,能源成本占收入的五分之一)。 由于毛棕榈油价格较便宜,相信未来利润率将继续提高。



利润连续两年下降后,6月1日开始,GST 降至0%将消费者信心逐步改善,预示着提高该集团的盈利。 尽管第一季度的毛利率较低,但毛利率下降将导致原材料成本下降。 估计2018年棕榈油价格平均价格将低于2,500令吉/吨,而2017年平均价格为2,715令吉。迄今为止,棕榈油价格平均为2,465令吉/吨。 请注意,棕榈油和面粉占集团原材料成本的70%以上。

合成工业表示,由于现代化商店的销售收入增长以及分销商网络规模扩大,销售额有所增长。通过培育自己的分销网络打开中国市场的计划尚未起飞。预计合成工业的额外增长将来自中东和中国市场出口销售的增长,因为有更高的销售激励措施; 和分销商的促销赞助活动。 相信2018年国内销售将增长2.8%。

合成工业仍在努力管理经营和投入成本,以及强劲的股息收益率,健康的净现金状况和预期的利润率扩张。基于60%的股息政策,预计该集团在2018年支付6仙(与2017财年相似),意味着潜在的股息收益率为4.8%。

Disclaimer:
All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such. 
Back to Top