Impact of NY11 price fluctuationson MSM’s profitability

1 pound = 0.45359237kg
Assume 1USD = RM4.4

1 US cent/pound fluctuation
= RM0.044/ 0.45359237
= RM0.097/kg

Assume 1.12 to 1.14 kg of raw sugar is required to produce 1kg of refined sugar

Impact of 1 US cent/pound fluctuationin NY11 in producing 1kg

= RM0.097/kg x 1.13
= RM0.1096/kg

For the wholesale segment, assume the annual volume of 288,000MT

Impact of 1 US cent/ pound fluctuation in NY11 on production of 288,000MT refined sugar
= RM0.1096 x 288,000 x 1,000
=RM31.565m

#MSM

Something unusual here

#ELRIDGE

MRDIY annual report 2024

KKV’s performance has been highly encouraging: all 10 newly-launched outlets are expected to reach payback within two years and are achieving average monthly revenues significantly higher than typical MR D.I.Y. stores. To build on this success, we plan to open over 30 additional KKV and sub-brands stores in 2025, targeting Gen Z and the M40 segment to meet previously underserved demand.

A significant advantage came from our procurement strategy. More than 65% of our cost of goods sold are sourced from China; we benefited in the tail-end of 2024 from the strengthening of the Ringgit against the Renminbi and United States Dollar. This, combined with our five-month inventory lag, is expected to enhance our gross margins in FY2025, allowing us to maintain competitive pricing while preserving profitability.

#MAXIS
#Solar

Even a telco player has entered the solar energy business 🤔