KNM reported its earnings.
A 6 months net earnings of just '29.8 million'?
Remember this posting on March 2011? What I Think Of KNM's Earnings Guidance
Let me highlight again:
- KNM’s management had met with analysts earlier in the week and guided earnings before interest, tax, depreciation and amortisation (Ebitda) of RM363 million for its FY11 (ending Dec 31, 2011), while the Ebitda for FY12 is targeted at RM564 million.
KNM would have an EBITDA of rm 363 million for fy 2011.
And looks like the management is 'pretty good with its guidance' once more!
Yup! Strikes again!
Last posting on KNM was on May 2011: KNM: Are you IN it to win IT? Or are you IN it to LOSE IT???