Income for HY 2021 (1 July 2020 to 31 Dec 2020) grew by 44% and EPS (on a completely diluted foundation) grew 262% from 0.37 cents to 1.34 cents. The income has been rising at a CAGR of 20% whereas the revenue progress was much more spectacular at 58% CAGR from FY2018 to FY2020. Is it anticipated to be a lot all of the whereas once they launch the IPO? It’s like immediate noodles, consuming it from time to time is okay however not for each day’s consumption.
Elevated income and profitability pushed by Covid – With Singapore and Malaysia in lockdown modes for prolonged intervals of time, the consumption of canned meals has elevated, particularly in Malaysia. ERP system to drive Regional enlargement – The Firm has adopted an ERP system that allows it to trace and monitor each facet of its course of and merchandise with velocity and accuracy, This can permit OTS to increase its presence past Singapore and Malaysia into Indonesia and the Philippines.