
GOOD DIVIDEND
FPI 9172 Share Price
PREV | CLOSE | CHANGE | HIGH | CLOSE |
---|---|---|---|---|
2.550 | - | - | - | - |
VOLUME | BUY VOL | BUY | SELL | SELL VOL |
---|---|---|---|---|
- | 10 | 2.610 | 2.400 | 20 |
52 Weeks Range : 1.08 - 3.43
The Edge –
Formosa Prosonic Industries Bhd rose as much as 26 sen or 14.05% today to RM2.11 after it posted stellar third quarter results. The group announced yesterday that its net profit for the third quarter ended Sept 30, 2020 (3QFY20) surged 62.66% to RM25.84 million from RM15.89 million a year ago, driven by higher sales volume. Its revenue for the period fell 13.15% to RM513.18 million from RM590.86 million. The group said its revenue fell in the nine-month period because it shut down its operations from March 18, 2020 in compliance with the Movement Control Order.
BURSA MALAYSIA –
The Group recorded 13.6% lower sales of RM107.6 million in the current quarter compared to RM124.5 million in the immediate preceding quarter mainly due to lower sales volume resulted from the MCO. Nevertheless, the Group recorded higher EBITDA at RM13.9 million as compared to RM10.3 million mainly due to reversal of impairment loss and higher foreign exchange gain
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 1.44 million. It was slightly low compared to average in listed companies, considering the employees’ remuneration of 118 million and auditor’s remuneration of 127 thousands
BURSA MALAYSIA –
The Group recorded 29.0% lower sales of RM124.5 million in the current quarter compared to RM175.3 million in the preceding quarter mainly due to lower sales volume on seasonal factor and the MCO . As a result, the Group recorded lower EBITDA at RM10.3 million as compared to RM15.4 million.
BURSA MALAYSIA –
The Group recorded 32.7% lower sales of RM175.3 million in the current quarter compared to RM260.6 million in the preceding quarter mainly due to lower sales volume on seasonal factor. As a result, the Group recorded lower EBITDA at RM15.4 million as compared to RM23.6 million.
Investing Malaysia –
Average investing volume for Formosa Prosonic Industries Bhd in the past three months in stock market was 850.8k lots
Investing Malaysia –
FPI gets a score of 20.05 in our equity and assets quality test based on current share price of RM1.72
Investing Malaysia –
Formosa Prosonic Industries Bhd gets a score of 34.82 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 9172 in Bursa Malaysia declared adjusted 6.22% dividend yield in past few years
Investing Malaysia –
FPI is estimated to have a profit consensus of 41.11 millions, with an adjusted market capitalization of 410.61 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 1.32 million. It was slightly low compared to average in listed companies, considering the employees’ remuneration of 103.5 million and auditor’s remuneration of 122 thousands