The cable & wire segment contributes most rev and profit. In its latest 6 months ended in 6/30/2025, its cable & wire segment increased sales by over 20%, but operating profit increased by less than 1% (from 12,416 K to 12,500K). Any ideas?
curious about what they are talking about it in the AGM in Oct as well.
Thanks for the interest. Well it’s the increased SG&A and financing costs isn’t it? I’m hoping they’re focused on the data centre opportunity abroad rather than questionable new businesses. We will find out more at the AGM. The new renewables distribution acquisition isn’t looking too bad - some cross selling to existing customers. It is probably something for a family member to keep busy with.
Yeah, I agree with u. The part of increase in SG&A and new acquisitions got me a little bit concerned. cannot wait to learn more about it in their AGM. thanks for sharing this.
Thanks for sharing the idea. Really interesting.
The cable & wire segment contributes most rev and profit. In its latest 6 months ended in 6/30/2025, its cable & wire segment increased sales by over 20%, but operating profit increased by less than 1% (from 12,416 K to 12,500K). Any ideas?
curious about what they are talking about it in the AGM in Oct as well.
Thanks!
Thanks for the interest. Well it’s the increased SG&A and financing costs isn’t it? I’m hoping they’re focused on the data centre opportunity abroad rather than questionable new businesses. We will find out more at the AGM. The new renewables distribution acquisition isn’t looking too bad - some cross selling to existing customers. It is probably something for a family member to keep busy with.
Yeah, I agree with u. The part of increase in SG&A and new acquisitions got me a little bit concerned. cannot wait to learn more about it in their AGM. thanks for sharing this.