Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The weaker quarter was mainly due to project delays that reduced revenue, while fixed operating costs remained high, squeezing margins. Earnings were further impacted by one-off ACE Market listing expenses, foreign exchange losses, and additional customer support costs related to machine modifications and warranty work
That one-off listing cost plus the project delay really whack the bottom line hard this time. Just need to monitor if the margins can recover once these extra support and fix-up expenses start to clear up next quarter.
Management really need show us some serious growth now that all the restructuring dust settle down. If they still cannot pump up the margins after this, then honestly got nothing much to talk about already.
