Analyst Research Report Snapshot

Title:

Ryobi Kiso Holdings Ltd. - Adopting a Long Term View (Update)

Price:

$100.00

Provider:

Voyage Research Pte Ltd.

Date:

08 Feb 2013

Pages:

5

Type:

AcrobatPDF

Companies referenced:

RKHL.SI

Available for Immediate Download
Summary:

Ryobi Kiso Holdings Ltd (Ryobi) reported 2Q FY13 (ended Dec 2012) net profit attributable to shareholders of S$0.3m on revenue of S$40.3m. Ryobi is continuing to execute its strategy of expanding in Vietnam and Australia, thus diversifying out of Singapore. We adjusted our net profit estimates to incorporate Ryobi’s performance in 1H FY13. We maintain that Ryobi should see higher profitability as it grows its revenue base and gains economies of scale in the process.

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