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Notwithstanding the extreme bearish sentiment and high tax rate for final quarter, FY2023 net profit of RM466. 95m is still higher than FY2022 net profit of RM424. 2m, I will buy more at 1.20 to 1.30 range, this market is overly emotional like doomsday end of the world for osk, Nah, just brush off short term bearish sentiment
At section B6 of quarterly report, 40% tax due to non deductibility of certain expenses and losses in certain subsidiaries that are not available to offset against taxable profit in other subsidiaries within the Group