Valuetronics Holdings

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Buying opportunity for investors as Valuetronics hovers near 'crisis valuations'

https://www.theedgesingapore.com/capital...valuations
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Rainbow 
Valuetronics FY Result as at 31 Mar 2021
Rev HK$2b (vs 2b)
GP  HK$386m (vs 362m)
NP  HK$187m (vs 178m)
Div HK16cents (vs 14)
https://links.sgx.com/FileOpen/VHL-Resul...eID=668362

Mr Ricky Tse Chong Hing (“ 谢 创 兴 ”), Chairman and Managing Director of Valuetronics commented: 
"With the loss of orders from customers switching their supply chain to other countries due to Sino-US trade tensions, compounded with the uncertainties resulting from the global components shortage and evolving COVID-19 pandemic, the Group’s financial results for FY2022 are expected to be significantly lower compared to FY2021. On the other hand, our Vietnam expansion is proceeding according to schedule during the year. We are targeting the new Vietnam campus to commence production by the end of FY2022. By then, we will be fully equipped to serve customers’ multi-site production strategy as a means to mitigate Sino-US trade tensions, and we will be seeking out new opportunities emerging with our extended geographic footprint.

Stay home and stay safe, everyone.
Heart
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(29-05-2021, 10:01 AM)¯|_(ツ)_/¯ Wrote: Valuetronics FY Result as at 31 Mar 2021
Rev HK$2b (vs 2b)
GP  HK$386m (vs 362m)
NP  HK$187m (vs 178m)
Div HK16cents (vs 14)
https://links.sgx.com/FileOpen/VHL-Resul...eID=668362

Mr Ricky Tse Chong Hing (“ 谢 创 兴 ”), Chairman and Managing Director of Valuetronics commented: 
"With the loss of orders from customers switching their supply chain to other countries due to Sino-US trade tensions, compounded with the uncertainties resulting from the global components shortage and evolving COVID-19 pandemic, the Group’s financial results for FY2022 are expected to be significantly lower compared to FY2021. On the other hand, our Vietnam expansion is proceeding according to schedule during the year. We are targeting the new Vietnam campus to commence production by the end of FY2022. By then, we will be fully equipped to serve customers’ multi-site production strategy as a means to mitigate Sino-US trade tensions, and we will be seeking out new opportunities emerging with our extended geographic footprint.

Stay home and stay safe, everyone.
Heart

Dividend increase a bit  Wink Guidance for 2022 to be worst than 21 Angry
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