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Vanzo improved profitability despite a slight year-on-year revenue decline, with gross profit margin rising from 53.4% to 60.3% due to strategic pricing and a stronger focus on higher-margin products. Net profit also increased 32.1% quarter-on-quarter to RM1.59 million, supported by lower costs and an improved product mix. Meanwhile, the RM14 million IPO proceeds have been fully utilised for business expansion, debt repayment, working capital, and listing expenses.
Vanzo is on the right track because their margins are getting super steady and that profit jump shows the management really know how to play the game for long-term growth
Smart money usually start accumulating quietly once they sense the quarterly results gonna surprise on the upside. Volume confirm everything so just keep your eyes peeled for any sudden massive buying blocks before the actual news drops
True, if they leverage their established distribution channels for other lifestyle goods, the margins would definitely climb higher. Expanding the product range through those same touchpoints is a smart play to maximize their market footprint