Comfort Delgro

 She is looking great to clear 1.52 level and trending higher towards 1.58 then 1.65.

Not a call to buy or sell.

Pls dyodd.

 

COMFORTDELGRO TURNS IN FULL-YEAR REVENUE OF $3.5 BILLION 

• Full year Group revenue increased by 9.1% to $3.5 billion as economies staged gradual recoveries. 

• Excluding Government assistance grants, the Group went back into the black with an operating profit of $125.4 million, compared to the full year operating loss of $47.6 million previously. 

• Including the various Government COVID-19 assistance packages which amounted to $84.6 million, the Group registered an operating profit of $210.0 million. 

• Net profit attributable to shareholders increased by 114.0% to $130.1 million.

Final dividend of 2.1 cents.

Wah, nice breakout at 1.43 and close well at 1.44 looks rather bullish!

I think short term wise, likely to rise up to retest 1.50 then 1.60 - 1.65.

Pls dyodd.