@shocks, low margins may be the reason for this or probably declining turnover. Like you can see at one point turnover was 2b but had moved to 1.6b.If they give us a PE of 10(expensive if you ask me), the EPS should be around 0.8, implying net profits of 152M. The net margin will be 9.5 %, not so bad.
Verdict: buy only if net profis are above 152M and compared to other years the have been on an upward trend. Interesting though is why they desperately needed a private placement just before listing to raise working capital to buy raw materials.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.