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negative operating cashflow, ballooning trade receivables, payables, and debt financing... smart boss know how to make qr report looks pretty and solid
On a quarter-on-quarter basis, the group's net profit fell 27% from RM92.04 million in 1QFY2024 despite an 18.8% rise in revenue from RM1.87 billion, as operating margins narrowed to 6.4%, from 8.9% in 1QFY2024. Operating margin in 2QFY2023 was 5.8%.