IF there production expenses just went up because they processed more material should not have profit gone up? Please explain why Profits droped from $39m same half a year ago to 5.9 M this year. If it was just higher volume then that volume would have been sold or gone into inventory. at production cost. You Need to figure out costs. Rember thay added $93M to profits be reevaluating MAL I think no explanation given on what this major item is. See PG 16 near bottom Exchange differences on translation of foreign operations 93,116 (4,977) the (4.977M ) was a year ago.
The only foreign operation at this time is MAL MYR AUD was 2.7741 on Dec 31 2024 it was 3.1365 on June 28th So this reevaluation makes no sense at all. I hope someone asks AL in CC but I doubt it. Without this they would have been deeply in the RED. See note 9 total current value of all assets is 475M how can that small of a change between AUD and MRY make that big of a difference? I am sure it is legal but I sure would have liked some sort of explanation for something this large.
Just a comment I never look at just new #s I always look at multiple Periods to see if change is positive or negative or is the company improving or doing worse.
LYC Price at posting:
$6.71 Sentiment: Sell Disclosure: Not Held
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