29-03-2012, 04:29 PM
Ken
New Toyo has consistently paid out a large portion of its profit. Chairman's statements in successive annual reports say that much.
New Toyo's latest profit of $19.8m was after hefty depreciation and amortisation of $12.7m.
Its principal subsidiary, Tien Wah, is also strong in cash generation. Its latest group profit of RM 37m was after depreciating and amortising RM 22m.
New Toyo has consistently paid out a large portion of its profit. Chairman's statements in successive annual reports say that much.
New Toyo's latest profit of $19.8m was after hefty depreciation and amortisation of $12.7m.
Its principal subsidiary, Tien Wah, is also strong in cash generation. Its latest group profit of RM 37m was after depreciating and amortising RM 22m.