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probably not, Mark Siow. Gross profit margin from FY2021, FY2022 and FY2023 remained high at 23%, 26% and 25% respectively. FY2023 seems to me that it is more to lesser products sold and a mix of different margins products/services comparing to FY2022. Lower demand from Malaysia which is its main geo segment while other geo are pretty decent if you will.
Indeed, 小毛狸. We will know when the new cm plant starting operation end of this year which coincides with the anticipation of the industry upcycle. Manage it well until then.
