Kingsmen Creatives

[piggo]

Considering the recession and all, a flat net profit is already quite decent by my book. Either way the cost control is still pretty alright around 15% of revenue. IMO staff costs should not be compromised for companies in this kind of industry.

On the topic of expansion/earnings growth, I read the older reports and MICE activities in middle east were all the hype... I wonder what's the plan for that area of the group now. Also quite curious what progress have been made so far with their increased focus in China.

I've revised the data sheet to look neater, but different people have different preferences for categorizing/calculating and the numbers may vary... ymmv as usual

Now that another 4+ months have passed, it would be useful to hear what's the current status of those receivables.

Attended the AGM. Quite impressed with the decor of the office, it's very nicely done... guess that's the difference between a designer's workspace compared to say an engineer's :p During the AGM the receivables are said to be mostly collected. They will be releasing the first quarter's results in a week or two with the final figures. Believe the figures for the order book to date will be released then as well.