3A资源 - 整装待发
3A资源年初开始表现疲软,因为净利润较高,净利润也跟着下降。第一季净利润下降-39.6%至620万令吉是因为受原材料价格上涨拖累毛利率下降的拖累。尽管原材料成本上涨带来的短期挑战,所以保持谨慎态度。
由于其地理市场的销量略有下降,虽然公司第一季度收入同比下降0.7%,但大马的销售额却增长了5.9%,抵消了新加坡的-24.4%和其他国家的-7.2%。 展望未来,由于产品供应总体多样化以及持续投资扩产计划,可以保守预计2018-2020年的增长率为4-6%。 作为配料生产商,3A将受益于餐饮业的稳步增长,作为食品加工行业的馈送者,其产品广泛用于食品加工,以其他食品制造商生产所需的原材料或半成品形式 他们各自的成品。
第一季度净利润下降是因为原材料价格上涨尤其是木薯粉。 今年迄今为止,全球木薯价格上涨了25%,这应该在3A的未来两个季度中得到反映,除非3A能够将成本转嫁给客户,从而缓解其影响。 本季度,不利的原材料价格和汇率使毛利率下降。 尽管如此,预计长期利润率将有所提高,因为3A在去年已经完成建设的麦芽糖糊精第三工厂增加,并且应该在明年之后带来更大贡献。
相信3A拥有长期潜力,因为其一贯以优质的品质提供各种类型的餐饮原料,赢得行业内大型跨国公司的信心 ;还有生产能力和办公空间扩张计划,未来两年拨款4000万令吉;净现金头寸清晰的资产负债表;以及持续重视研发活动,从而开发新产品。
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