For QE30/6/2018 (2Q2018), Kimlun’s net profit dropped 22% q-o-q or 33% y-o-y to RM10 million while revenue was mixed - dropped 1% q-o-q but rose 12% y-o-y to RM218 million.
Revenue dropped 1.3% q-o-q but profit after tax dropped 22% or RM2.76 million due to sharp drop in Group’s gross profit of RM3.34 million or 12.2% due to lower gross profit margin achieved by...