[IJM CORP BHD，建筑部门94亿令吉的未完成订单，物业发展部门未记账的销售额约为20亿令吉]
施工：
由于某些主要基础设施项目的建设工程如期进行，同时得到上一年获得的项目取得的进展的补充，本季度和这年的收入分别较去年同期增长15.7％和8.1％。
物业发展：
由于收入较低且本季度未实现汇兑损失确认为650万令吉，而本年度迄今为止的未实现汇兑损失为1,620万令吉，而前一年季度的汇兑收益则为100万令吉和去年截至目前相应季度的汇兑收益为125万令吉，该部门当前季度和当前年度的税前利润分别比前一季度和去年同期分别下降88.9％和63.5％。
制造和采石：
由于材料成本增加以及桩，采石场和预拌混凝土行业的销量下降压缩了利润率，年度收入和税前利润分别比上年下降了7.0％和42.1％。
种植：
税前利润的波动主要是由于本季度和今年至今的美元计价借款的未实现净汇兑损失分别为1,080万令吉和2370万令吉；比起去年同期净汇兑收益390万令吉及180万令吉。
基础设施：
截至本季度和本年度的收入分别比上年同期增长6.3％和10.8％。这主要是由于这集团港口特许权在过去一年中处理的货物吞吐量增加，与去年相比增加了14％。截至今年，该部门的税前利润在本年度上升至1亿2010万令吉，而去年的利润为6,230万令吉。这主要是由于这集团港口特许权处理的货物吞吐量增加，某些联营公司的贡献增加以及本年度的净汇兑收益RM170万，而上一年净汇兑亏损为RM5760万。
前景：
集团建筑部门预计将根据94亿令吉的未完成订单持续增长。
鉴于其物业的战略位置及其已建立的品牌效应，物业发展部门将继续坚定不移地发展其业务。由于未记账的销售额约为20亿令吉，该部门预计将在下一个财政年度保持令人满意的业绩。
集团的工业部门凭借其在马来西亚加强的建筑活动（基于其健康和强劲的订单），预期表现令人满意。
由于现有特许权成熟，这集团的收费站及港口业务将继续提供经常性收入来源，从而进一步提升这集团基础设施部门的盈利。
这集团预期基于上述因素可在下一个财政年度取得合理表现。
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我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：
预计公司每年的增长率必须> 14％
我想说服读者学习基本面分析FA以便能从股市赚钱。
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最终决定永远是你的，谢谢。
James Ng
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Construction:
Current quarter and year to-date revenue increased by 15.7% and 8.1% respectively over the previous year’s corresponding periods as the construction works at certain major infrastructural projects were progressing as scheduled whilst being supplemented by the progress achieved by projects that were secured in the previous year.
Property development:
As a result of the lower revenue recorded and the recognition of unrealised foreign exchange loss of RM6.5 million in the current quarter and RM16.2 million in the current year to-date as opposed to a gain of RM1.0 million in the preceding corresponding quarter and RM1.25 million in the preceding corresponding year to-date, the Division’s profit before tax for both the current quarter and current year to-date decreased by 88.9% and 63.5% respectively as compared to the preceding corresponding quarter and year to-date.
Manufacturing and quarrying:
The year to-date revenue and pre-tax profit decreased by 7.0% and 42.1% respectively over the previous year as margins were compressed by increased material costs as well as lower sales volumes in the piles, quarrying and ready-mixed concrete sectors.
Plantation:
Fluctuations in pre-tax profit was mainly due to the net unrealised foreign exchange losses of RM10.8 million and RM23.7 million on the US Dollar denominated borrowings for the current quarter and year to-date respectively as compared to the net unrealised foreign exchange gains of RM3.9 million and RM1.8 million in the preceding year’s corresponding periods respectively.
Infrastructure:
Revenue for the current quarter and year to-date increased by 6.3% and 10.8% respectively compared to the previous year’s corresponding periods. This was mainly attributable to the increase in cargo throughput handled by the Group’s port concession over the year to-date which expanded by 14% compared to the previous year. For the year to-date, the Division’s pre-tax profit rose to RM120.1 million in the current year compared to a profit of RM62.3 million in the previous year. This was mainly due to the increase in cargo throughput handled by the Group’s port concession, higher contribution from certain associates as well as the net foreign exchange gain of RM1.7 million for the current year compared to a net foreign exchange loss of RM57.6 million in the previous year.
Prospects:
The Group’s Construction division expects continuous growth based on an outstanding order book of RM9.4 billion.
The Property Development division will remain steadfast in its efforts to grow its business in view of the strategic locations of its properties and the brand premium that it has established. With unbilled sales of about RM2.0 billion, the division is expected to maintain a satisfactory performance in the coming financial year.
The Group’s Industry division expects satisfactory performance based on its healthy and strong order book position by leveraging on the heightened construction activities in Malaysia.
The Group’s toll and port operations will continue to provide recurrent revenue streams as existing concessions mature thereby further enhancing the earnings of the Group’s Infrastructure division.
The Group expects a reasonable performance for the coming financial year based on the above stated factors.
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I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:
the forecasted growth of a company must > 14% per year
I wish to convince readers to learn FA in order to make money from stock market.
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Final decision is always yours, thank you.
James Ng
https://www.facebook.com/jamesshareinvest/posts/2063088807291196
