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| Super Group posts 6% rise in full-year net profit to $612m |
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| Written by The Edge |
| Thursday, 23 February 2012 19:26 |
Super Group announced a 25% y-o-y increase in revenue to $441 million and a 6% y-o-y increase in net profit to $61.9 million for the full-year ending Dec 31 (FY2011).
The group’s ingredient sales more than doubled to $122.4 million, contributing 28% of total sales, and came largely from both the East Asia and Southeast Asia markets.
Branded consumer sales increased by 9% due mainly to higher sales into the Southeast Asia markets and Mongolia. The group completed the installation of two additional non-dairy creamer production lines at the Wuxi plant in China in Sept, and started the construction of a RM28 million ($11.7 million) freeze-dry production line and a RM138 million botanical herbal extract production line at its Malaysia plant.
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Super Group says subsidiary, Super Continental, plans to invest an estimated RM138 million ($56.4 million) in a botanical herbal extract (BHE) project in Johor Bahru, Malaysia.
BHE is derived from an extraction process encompassing microfiltration and low temperature concentration with aroma recovery system.
The production capacity installed under the Investment is capable of producing up to 3,000 tons of BHE. The first phase of the production volume is planned to be around 1,500 tons of BHE.
The investment will be funded through a combination of internal resources and bank borrowings.
Super Group says unit SCML Overseas Pte Ltd, has injected an additional US$1 million ($1.3 million) into its wholly-owned subsidiary, Super Coffeemix Vietnam (SCV).
Subsequent to the additional investment, the issued and paid-up capital of SCV now stands at US$6 million divided into 6 million ordinary shares of US$1.00 each.
SCV intends to use the proceeds to fund ongoing construction of the packaging facility and as working capital.
Super Group sees 3Q net profit dip 6% to $12.7m
| Written by The Edge |
| Thursday, 10 November 2011 19:07 |
Super Group, the manufacturer of branded instant beverages and convenience foods, says net profit dipped 6% to $12.7 million in 3Q11 from a year ago (3Q10) due to higher raw material costs.
3Q11 turnover increased 23% to $107 milllion due to increasing sales achieved by both branded consumer and Ingredient businesses.
Branded Consumer sales grew by 4% arising from sales increment in key Southeast Asia markets.
Super Group expects market conditions to remain competitive in the next 12 months while raw material costs and currency fluctuations will continue to impact the group’s operating performance. Management is, however, familiar with these challenges and will take appropriate actions to mitigate their impact on the group’s businesses. The group is optimistic that its on-going efforts to stay ahead of the competition will generate positive contributions to its operating performance.
Super ? ? Super speculator for commodities price.... .....
Commodities price up chiong
Commodities price dwn LS
Super Kelong?
Profits down, price still cheong thru the roof?
Coffee recently break its 50 MA moving towards 100MA to find its strong support there.
Anyone has any news on this counter? Is the caffeine taking effect soon?
Cheers.
Caution. SuperGroup formed a bearish harami formation on the charts. Uptrend is still intact. support of 1.46 needs to hold for supergroup nxt week.
http://sgsharemarket.com/home/2011/05/supergroup-definitio-bearish-harami/
Ok. Coffee is ready. Any taker?
novicealex ( Date: 27-Apr-2011 14:20) Posted:
1.38 Cleared.
Target 1.43-1.45(Close Gap)
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What went wrong?
Super not so super liao, play carefully.
1.38 Cleared.
Target 1.43-1.45(Close Gap)
everything ups except salary :-(
warrenbegger ( Date: 24-Feb-2011 19:23) Posted:
I think all dont drink coffee liao, all switch to drink rain water free better. All food px up, oil up, property up, transports up, COE up and every things up. Now bird cant up liao.
krisluke ( Date: 24-Feb-2011 19:18) Posted:
The adverse effect of raisng comm price. BB is dmg, i think.. |
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Getting ready for the breakout play. Volume is building up again for the breakout at 1.38.
vested interest.
I think all dont drink coffee liao, all switch to drink rain water free better. All food px up, oil up, property up, transports up, COE up and every things up. Now bird cant up liao.
krisluke ( Date: 24-Feb-2011 19:18) Posted:
The adverse effect of raisng comm price. BB is dmg, i think...
krisluke ( Date: 23-Feb-2011 22:11) Posted:
soaring coffee seeds increase operation expenses, thus require more $ to buy soft comm.
nestle? i heard BBs selling ? ?? |
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The adverse effect of raisng comm price. BB is dmg, i think...
krisluke ( Date: 23-Feb-2011 22:11) Posted:
soaring coffee seeds increase operation expenses, thus require more $ to buy soft comm.
nestle? i heard BBs selling ? ?? |
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