The 3rd quarter financial report of HUPSENG just released few days ago.
There was some growth on the revenue,
but same like NESTLE,
the rising cost of sales eroded the profit:
Also, the selling and marketing expenses also increased,
all these had caused the profit after tax to be slightly lower than last year quarter 3....
The thing is if the selling & marketing expenses didn't increase,
will revenue of HUPSENG grows that much?
Details of revenue growth:
I was surprised to see that domestic sales has a strong growth of 16%!!
However the export sales which I expected the most..... was reduced,
especially Myanmar there........
Always the same contents....
Surprisingly:
There will be a dividend of 2 sen for this quarter!
Even though the entitlement date is not announced yet,
but still feel good to be able to receive dividend~
Hopefully the export market can be recovered soon,
and successfully penetrating into China market~
Thanks for reading.
I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.
please make your own investment decision and be responsible with it.
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