Thursday 21 December 2017

AJINOMOTO 2nd quarter 2018 financial report


Recently the share price of Ajinomoto bounced back to above RM20 from around RM18,
so what had happened?

 Let's see the latest financial report:

 Comparing with last year corresponding quarter,
the revenue and profit rose significantly,
so wonder the share price bounced back.

 Let's see the performance of each region:

 If only looking at this quarter,
we can clearly see that every region improved,
but if look at the revenue for total of 6 months,
there is not much improvement at Middle East region.

 Review of performance:

 The increase in profit was mainly due to increase in revenue, stronger USD exchange rate and controlled cost.

 Also mentioned that:

 Previously share price of Ajinomoto dropped until around RM18,
that was because the performance of 1st quarter was not very good,
and one of the reason was because of sales dropped in Middle East region,
so since the Middle East replenished the stocks,
did it mean that sales for Middle East region has no more problem?

 And then the prospects:

 Just some commentary that we always saw in financial reports...........

 I started to pay attention at Ajinomoto since they mentioned that they are going to expand food products,
but until now still no more news about it,
I wonder how is it going on?

 Investment is about doing own thinking, making own decision.

 Thanks for reading.


I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.
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