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 Khazanah: we dah cut loss responsibly, wats wrong?, case FashionValet

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abelyap
post Nov 2 2024, 06:23 PM

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Joined: Feb 2017


Si akmal senyap je..... Memang tin kosong bila pasal ekonomi.... R&R rhetoric je

Online business actually growth strongly in pandemic..... Everyone stay at home, so purchase through online.
Based on financial summary shared by lembu goreng, financial year ending Q3 shown 70% revenue growth rate. This validate that covid lockdown spike growth.

Once ending of lockdown, its revenue dipped double digit in % which well expected.

Few question that need to find out:
1) how does the company project 60% annual revenue back in 2018. What is the basis of the projection?
2) what is the breakeven point based on revenue? Coz 70% spike in 2020 revenue still recording 15mil losses. So what goes wrong with the projection again?

 

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