LUCKILY DIDN'T BUY MORE??? WHY DIRECTOR BUY MORE??? TO CHEAT US SMALL BUTTERFLY TO BE SWALLOW BY BIG CROC???
Sinotop Holdings Bhd posted net loss RM6.46 million in the third quarter ended Sept 30, 2010 mainly due to impairments and unrealised loss on foreign exchange.
It said on Friday, Nov 19 revenue was RM73.53 million while loss per shares was 0.64 sen. Its net asset per share was four sen.
Sinotop, formerly JOHN MASTER INDUSTRIES BHD [], said for the nine months ended Sept 30, net profit was RM18.61 million on the back of RM223.49 million in revenue. ( OVERALL STILL PROFIT???)
On the prospects, Sinotop said after the injection of new assets and businesses, it was expected to provide a different source of future income to the company.
Sinotop produces customised woven loom-state fabrics made from cotton, synthetic and mixed yarn.