Cfm9566's comment on FAVCO. All Comments
Cfm9566
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If exclude the one off items (eg: forex, allowances, derivatives & etc), Favco’s core Profit before Tax stood as:

24Q3: 27.231m
24Q2: 14.863m
24Q1: 14.686m

23Q4: 50.988m
23Q3: 22.040m
23Q2: 7.088m
23Q1: 9.994m
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1 month · edited · translate ·
Cfm9566
Forex loss of RM 27m due to rapid strengthening of MYR in Q3.
Good news is bulk of this still remain unrealised loss as yet to convert back to Ringgit.
Ringgit start weaken significantly since early Q4
1 Like · 1 month · translate
Michael Saw
The best is the revenue growth 20% if excluded the unrealised Forex loss profit will be superb.
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Cfm9566
Without the forex issue, Q3 result actually look good!
2 Like · 1 month · translate
Michael Saw
ya true.............
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