Within expectations. Wellcall’s 1QFY09/10 net profit of RM4.4m (+23.3% yoy) accounted for 28% and 27% of our and consensus full-year estimates respectively. We consider this to be within our expectations as we believe margins would be affected in the coming quarters ahead due to rising raw material prices.
Wellcall Holdings Berhad : Within Expectations - 01/03/2010
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