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Did not notice any profit warning issued by PRG prior to Q3 results :) A profitable quarter despite a low season will be cool as the profitable journey of PRG continue into 2nd fiscal year. Results should be available by the end of the day.
PRG results is not cool. Approx. RMB11M loss driven by lower revenue. PHB Q2 was hit by MYR34M forex loss due to full settlement of HK denominated loan and there's RMB2.37bil loan as of Jun'24. Exchange rate of RMB to MYR in Q2'24 is avg at 0.65 while the lowest in Q3'24 is 0.59 and average at 0.62. There could be forex gain for PHB in Q3?