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Sunday, November 26, 2023

Straco - 3rd quarter results is out! Net profit is of 16.3mis much higher than last year 175k.Looks like a turning around situation!

Straco has reported earnings of $16.3 million for the 3QFY2023 ended Sept 30 with China’s post-Covid reopening providing a significant boost.




In comparison, the company reported earnings of just $175,000 for 3QFY2022.

With so much cash on hands. 

Net cash per share os about 19 cents.

Healthy cash flow!

I think is a gd sets of financial numbers!

Likely to see some buying interest!

Pls dyodd. 

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