Andre Kua's comment on HOMERIZ. All Comments

Andre Kua
5 Like · Reply
2.4c EPS... not bad
Jason Yzs
but profit margin drop
Like · 3 years · translate
Pinnacle Grade
Revenue increase by 26.7%, net profit 7.3m increase slightly in comparison with previous QR. Considered good in this challenging times
4 Like · 3 years · translate
Andre Kua
As an investor, I prefer Homeritz to register higher revenue even though at the cost of lower profit margin. It showed that the company is growing.

If you look and compare with other furniture makers, Homeritz had the highest profit margins of all, sometimes as high as 20%. I personally think 20% profit margin is a little too high, somewhere between 10-15% (due to currency fluctuation) is more reasonable.
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4 Like · 3 years · translate