Friday 27 November 2015

Ann Joo is actually loss-making in 3Q15

Another listed company misreported its results on the summary page after Notion Vtec.

On the summary page, Ann Joo reported strong "gain" of RM82.3m. 

But if you look into the income statement, Ann Joo was actually incurring substantial amount of loss!

It is prudent to open the attachment to read the income statement. Hope no one is misled and jumps into the stock.

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