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@vincentwong I wan to buy AT so today I opened QR to read 1st, then I saw revenue 28millions but profit only 124k…that’s why I’m asking everyone, where the 28millions went to?
very simple, glove margin very low now. if selling price of glove drops again, it will turn lose. more glove produced not equal to more profit. that the reasons most well managed glove stock price also drops.
ling kong always promote says more line completed in AT =more profit is totally misleading. only better profit margin =more profit if revenue increase. bad margin even produce billions of glove also no use.