JTIASA
announced an improved latest Q1FY18 quarterly result end of last month, at
$255.7m revenue and $42.3m PBT which has improvement of 4% revenue and 44% PBT
over the same quarter last year.
The slight
increasing in revenue due higher CPO and PK sales volume of 26% and 31%
respectively. Profit margin has significantly increased due to better OER, CPO
selling price and mills capacity utilization rate, as well as lower OPEX.
Nonetheless,
with the improvement of Q1FY18, the share price is gradually diving few cents
for the past 1 month. Why is that?