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CCK 1Q net profit leaps 83.68% to RM11.13 mil on turnaround in poultry segment

May 26, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 26): CCK Consolidated Holdings Bhd’s net profit in the first quarter ended March 31 (1QFY22) leapt by 83.68% to RM11.13 million from RM6.06 million in the same period last year, fuelled by turnaround in the poultry segment and a strong performance from the retail segment. Earnings per share rose to 1.78 sen from 0.97 sen, its Bursa Malaysia filing showed on Thursday (May 26). Quarterly revenue increased by 20.63% to RM197.43 million against RM163.67 million, due to a recovery in consumer demand leading to a stronger performance in the poultry and retail segments. On a quarterly basis, the group’s net profit surged by 55.25% from RM7.17 million registered in the immediate preceding quarter (4QFY21), while revenue came in higher by 5.20% from RM187.67 million in 4QFY21. Commenting on the group’s financial performance, CCK Group Managing Director Tiong Chiong Hiiung said robust consumer demand led to strong recovery in demand for poultry … [Read more...] about CCK 1Q net profit leaps 83.68% to RM11.13 mil on turnaround in poultry segment

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Thong Guan declares higher DPS of 1.25 sen as 1Q profit rises 13% despite shortage of manpower

May 26, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 26): Thong Guan Industries Bhd’s net profit for the first quarter ended March 31, 2022 (1QFY22) rose 13% year-on-year (y-o-y) to RM24.6 million from RM21.77 million, on higher average selling prices of its products. This resulted in higher earnings per share of 6.39 sen from 5.71 sen a year ago, the manufacturer of stretch film said in a filing on Thursday (May 26). Revenue rose 18.03% y-o-y to RM333 million from RM282.14 million, contributed by its plastic packaging products segment, as well as food, beverages and other Thong Guan also declared a first interim dividend per share (DPS) of 1.25 sen, payable on July 18. This is higher that the DPS of 1 sen in 1QFY21. According to the group, its plastic packaging products segment registered a higher revenue of RM308.07 million as compared to RM259.32 million recorded in the Revenue from sales within its food, beverages and other consumable products segment increased to RM24.93 million … [Read more...] about Thong Guan declares higher DPS of 1.25 sen as 1Q profit rises 13% despite shortage of manpower

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Barak Vally Cem Standalone March 2022 Net Sales at Rs 54.09 crore, up 13.1% Y-o-Y

May 26, 2022 by www.moneycontrol.com

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Standalone quarterly numbers for Barak Vally Cements are: Net Sales at Rs 54.09 crore in March 2022 up 13.1% from Rs. 47.83 crore in March 2021. Quarterly Net Profit at Rs. 4.76 crore in March 2022 up 298.13% from Rs. 1.19 crore in March 2021. EBITDA stands at Rs. 6.90 crore in March 2022 up 23.66% from Rs. 5.58 crore in March 2021. Barak Vally Cem EPS has increased to Rs. 2.15 in March 2022 from Rs. 0.54 in March 2021. Close Barak Vally Cem shares closed at 24.55 on May 25, 2022 (NSE) and has given 23.68% returns over the last 6 months and 0.20% over the last 12 months. Barak Vally Cements Standalone Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 54.09 42.20 47.83 … [Read more...] about Barak Vally Cem Standalone March 2022 Net Sales at Rs 54.09 crore, up 13.1% Y-o-Y

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Majestic Auto Consolidated March 2022 Net Sales at Rs 11.59 crore, down 13.04% Y-o-Y

May 26, 2022 by www.moneycontrol.com

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Majestic Auto are: Net Sales at Rs 11.59 crore in March 2022 down 13.04% from Rs. 13.33 crore in March 2021. Quarterly Net Profit at Rs. 0.04 crore in March 2022 down 99.51% from Rs. 8.51 crore in March 2021. EBITDA stands at Rs. 11.91 crore in March 2022 down 29.48% from Rs. 16.89 crore in March 2021. Majestic Auto EPS has decreased to Rs. 0.28 in March 2022 from Rs. 8.61 in March 2021. Close Majestic Auto shares closed at 120.30 on May 25, 2022 (BSE) and has given -11.58% returns over the last 6 months and 9.12% over the last 12 months. Majestic Auto Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 11.59 12.69 13.33 … [Read more...] about Majestic Auto Consolidated March 2022 Net Sales at Rs 11.59 crore, down 13.04% Y-o-Y

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S H Kelkar Consolidated March 2022 Net Sales at Rs 450.63 crore, up 13.51% Y-o-Y

May 26, 2022 by www.moneycontrol.com

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for S H Kelkar & Company are: Net Sales at Rs 450.63 crore in March 2022 up 13.51% from Rs. 396.98 crore in March 2021. Quarterly Net Profit at Rs. 13.60 crore in March 2022 down 66.14% from Rs. 40.16 crore in March 2021. EBITDA stands at Rs. 68.52 crore in March 2022 down 8.99% from Rs. 75.29 crore in March 2021. S H Kelkar EPS has decreased to Rs. 0.91 in March 2022 from Rs. 2.91 in March 2021. Close S H Kelkar shares closed at 132.75 on May 25, 2022 (NSE) and has given -17.67% returns over the last 6 months and -12.87% over the last 12 months. S H Kelkar & Company Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from operations 449.82 … [Read more...] about S H Kelkar Consolidated March 2022 Net Sales at Rs 450.63 crore, up 13.51% Y-o-Y

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The Best Wellness Destinations To Visit This Year

May 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Wellness tourism has boomed globally to a massive $793.2 billion dollar industry expected to grow to $1,672.2 billion by 2030. The demand for wellness destinations comes from a greater awareness of physical and mental wellness which has become a priority for travelers. Traditionally, wellness destinations seemed to be more exclusive and remote in areas like Southeast Asia and India but more and more resorts have popped up in North America exclusively focused on wellness in addition to popular resorts adding dedicated wellness programming. Castle Hot Springs in Arizona opened in 2020 on a 1,100-acre property centered around rejuvenating geothermal hot springs that have been naturally forged into the land over 13,000 years and flow at a clip of 200,000 gallons each day. The entire resort is focused on nourishing the mind, body, and soul by maximizing the benefits of the hot springs’ unique mineral mixture – particularly … [Read more...] about The Best Wellness Destinations To Visit This Year

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Q&A: Dave Stewart On How His Love Of The Blues Led To The Ambitious ‘Ebony McQueen’

May 26, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Dave Stewart is like the Ferdinand Magellan of contemporary music. Stewart, who will be inducted into the Rock And Roll Hall Of Fame this year with Annie Lennox as one half of the Eurythmics, is down to explore every nook and crevice of his artistic temperament. That is why he has worked with, among others, Mick Jagger, Paul McCartney, Stevie Nicks, Tom Petty, Bono, Sinead O'Connor, Martina McBride, Celine Dion, and enough another A-list names to fill three greatest hits albums. Stewart is a true artist, one who has to follow his muse. "Like all things I usually start I have no idea what I'm doing but I will do it, so which is in the 10 commandments of Gilbert and George, 'Thou shall not know what thy does, but thou shall do it,'" he says when I meet with him in the West Hollywood hotel he is staying in while in L.A. The result of his creative wanderlust is his most ambitious project to date. The 26-track Ebony … [Read more...] about Q&A: Dave Stewart On How His Love Of The Blues Led To The Ambitious ‘Ebony McQueen’

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Alibaba Q4 FY2022 Earnings Report Preview: What to Look For

May 25, 2022 by www.investopedia.com

Key Takeaways Analysts estimate adjusted EPS of RMB 6.11 ($0.92) vs. RMB 10.31 in Q4 FY 2021. Revenue is expected to rise, but at a markedly slower pace compared to recent quarters. Alibaba's growth is decelerating sharply amid the Chinese government's tech crackdown and its Covid Zero policy. Alibaba Group Holding Ltd. ( BABA ), China's giant e-commerce and cloud computing company, has seen its earnings and revenue performance weaken significantly over the past year. That deterioration is expected to continue, at least in the short term. Alibaba is being hurt by the economic fallout of China's Covid Zero policy, and by Beijing's broad crackdown on big tech companies. These developments have set back Alibaba's ambition to reach Amazon-like success in China. Investors will be watching to see if Alibaba is able to prevent a further deterioration of its financial performance when it reports earnings on May 26, 2022 for Q4 FY 2022. Alibaba's 2022 fiscal year ( FY … [Read more...] about Alibaba Q4 FY2022 Earnings Report Preview: What to Look For

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Snap Q2 FY 2021 Earnings Report Preview: What to Look For

October 27, 2021 by www.investopedia.com

Key Takeaways Analysts estimate adjusted earnings per share (EPS) of -$0.01 vs. -$0.09 in the second quarter of fiscal year (Q2 FY) 2021. The number of average daily active users is expected to rise year over year (YOY). Revenue is expected to rise at the fastest pace in at least 14 quarters, continuing its strong momentum amid last year’s boom in online traffic during the COVID-19 pandemic. Snap Inc. ( SNAP ), parent company of the Snapchat app, has been feeding off of momentum set off by the increase in online traffic last year, as people sheltered at home amid the COVID-19 pandemic. While digital ad spending initially took a hit in the early stages of the pandemic, it bounced back in the latter half of 2020. Rising ad spending, Snap’s primary revenue source , helped it to finally post a small profit in recent quarters after years of losses. Investors will focus on whether Snap has been able to build on that performance when the company reports earnings after … [Read more...] about Snap Q2 FY 2021 Earnings Report Preview: What to Look For

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Pfizer Stock Rebounds Under Cloud of Negative Charts

September 12, 2020 by www.investopedia.com

Pfizer Inc. ( PFE ) reported better-then-expected earnings on April 30, and shares of the pharmaceutical giant responded with an upside move. However, the stock is under a " death cross " on its daily chart and still trades under a negative weekly chart. Pfizer is a component of the Dow Jones Industrial Average and is one of the eight members of the " Dogs of the Dow " for 2019. The company has a P/E ratio of 13.19 with a dividend yield of 3.55%, according to Macrotrends. Pfizer shares closed Wednesday, May 1, at $40.77, down 14.1% year to date and up 18.6% from the low of $34.37 posted on May 4, 2018. The stock is in correction territory at 12.3% below its Dec. 4 high of $46.47. The daily chart for Pfizer The daily chart for Pfizer shows that a "death cross" was confirmed on April 22, when the 50-day simple moving average fell below the 200-day simple moving average, indicating that lower prices lie ahead. Under this warning, the strategy is to sell strength to … [Read more...] about Pfizer Stock Rebounds Under Cloud of Negative Charts

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