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NA will rise to 19cents, Qtr results will be positive. Target to hit rangebound between 15-16cents. Now only 12cents, upside 25% to go. I think ewein might as well takeover Rex business and become part of the group.
The Group recorded loss before tax of RM38.6 million compared to profit before tax of RM0.2 million generated in the corresponding quarter last year. The loss before tax
was mainly due to decommissioning of Bukit Minyak production facility in line with the business rationalisation plan. This resulted in a one-off impairment of the plant's fixed
assets, provision allowance of inventories obsolescence and staff retrenchment cost. This coupled with the continuous higher input cost and the effect of a weakening Ringgit
Ringgit were also contributing factors to the loss.