Longcheer Holdings

[kelvesy]

Despite a lower reported revenue compared to 4Q, the bottomline has grown 28% which is rather impressive. This could be a hint that costs are more managed carefully. Finance costs are down, and bank borrowings are repaid. However, I share the same concern, I'd like to see the profit margins go up.

Another key to look out for, average selling price has risen to 239.51 RMB - their highest so far! Certainly, Longcheer is poised for a strong recovery.