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Quarterly statement for Q1 2017/18
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Impressive top line growth of 20%
Yet bottom line decline by 21%, why?
The increase in VAT from 11% to 15% seems hitting the margins.
CCS will not in a position to adjust the prices accordingly in the short run therefore we will see the same trend in the coming couple of quarters too.
But in the longer run they will surely adjust the prices. When that happens with this impressive top line growth what will be the profitability in the longer term.
Due to the current declined PAT the CCS stock price may have a short term impact.
If you are smart investors think wisely and should take the wise decision.
Thanks
[You must be registered and logged in to see this link.]
Impressive top line growth of 20%
Yet bottom line decline by 21%, why?
The increase in VAT from 11% to 15% seems hitting the margins.
CCS will not in a position to adjust the prices accordingly in the short run therefore we will see the same trend in the coming couple of quarters too.
But in the longer run they will surely adjust the prices. When that happens with this impressive top line growth what will be the profitability in the longer term.
Due to the current declined PAT the CCS stock price may have a short term impact.
If you are smart investors think wisely and should take the wise decision.
Thanks
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