Updates on Nalfin Realities, Nalfin Healthcare and Minsawi

Just a follow up on my post below

http://reform-nlfcs.blogspot.com/2008/06/look-at-nlfcs-subsidiaries-and.html

I have since acquired the 2007 info for Nalfin Realities, Nalfin Healthcare and Minsawi so will do an analysis of the difference between 2006 and 2007. All new information is directly below this blog.

Nalfin Realities Sdn Bhd

Operating Revenue in 2006 : 69,354,660.00
Operating Revenue in 2007 : 98,746,847.00

Revenue increased by 42.38%!

Profit after Taxation in 2006 : -124,194
Profit after Taxation in 2007 : 1,137,992.00

Net Proft Margin for 2007 : 1.15%

Net Profit Margin still dangerouly low. Any reduction in revenue will push Nalfin Realities into the red (loss).


Nalfin Healthcare Sdn Bhd

Operating Revenue in 2006 : 7,101,314.00
Operating Revenue in 2007 : 7,116,445.00

Revenue increased by 0.21%

Profit after Taxation in 2006 : -1,134,478.00
Profit after Taxation in 2007 : -1,070,633

Net Proft Margin for 2007 : 0


Minsawi Industries (Kuala Kangsar) Sdn Bhd

Operating Revenue in 2006 : 43,151,540.00
Operating Revenue in 2007 : 69,968,900.00

Revenue increased by 62.15%!

Profit after Taxation in 2006 : 1,229,520.00
Profit after Taxation in 2007 : 1,526,230.00

Net Proft Margin for 2006 : 2.85%
Net Proft Margin for 2007 : 2.18%

So the Net Profit Margin has decreased slightly while sales/revenue has increased by 62.15%. Not sure what is happening here. I would have have expected that with a 62% increase in revenue, more would have flowed to the bottomline/profit rather than remaining static.