We can't expect a stable growth of profits by such as decreasing administrative expenses.@sakuni wrote:BPPL will not come to below 11...profit is increased for all quarters ..EPS is based on profit not only revenue...company can uses cost control through various strategies and revenue will be increased through adding new plant on January..@KavinduTM wrote:But that revenue decline for Q3 is disappointing.
I think they won't be able to show a revenue growth YOY.
Same with Gross Profits.
My idea is we may wait till Q4 reports as i don't see current price level as a good entry.
Price of 10/= will be a safe entry.
So revenue is much important. I'm saying Q3 performance is a bit low.
Last edited by KavinduTM on Mon Feb 17, 2020 1:34 am; edited 1 time in total