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MELBOURNE: Australian rare earths producer Lynas Corp said on Monday it was unlikely to break even this quarter despite achieving positive cash flow in December, blaming weak rare earths prices and plant problems.
MELBOURNE: Australian rare earths producer Lynas Corp said on Monday it was unlikely to break even in this quarter despite achieving positive cash flow in December, blaming weak rare earths prices and plant problems.
Many companies in the last three months have to conduct heavy promotions, giving big discounts to clear inventory and to improve cashflow. Profit margins are reduced but the cash inflow helps to pay the rent and staff costs. Not all companies have recovered to this level
I am writing from London while undergoing self isolation in my apartment. I have not written since April primarily because I have nothing positive to write about. It has been a depressing start to the year of the metal rat, the first in the 12-year cycle of the Chinese zodiac.
IT wasn’t that long ago that we were hanging the hopes of our economy on the SMEs. In recent years, the sector’s growth has exceeded the growth of Malaysia’s gross domestic product (GDP) and the government was targeting to push SME contribution to GDP to 45% in 2025 from 38.3% in 2018. Today, however, the sector has been brought to its knees
TENAGA Nasional Bhd's (TNB) proposal for a tariff rebalancing will not mean that its cashflow deficit, which is to the tune of about RM4bil a year, will be erased.
BY buying out Starbucks Coffee International Inc’s 50% stake in Berjaya Coffee Co Sdn Bhd (BStarbucks) for RM279.5mil, Berjaya Food Bhd (BFood) will be able to have a better control of the cash cow, which may translate into higher dividend payout ahead.