Thursday, February 17, 2011

Goodpack rated 'neutral' by DMG

Stock Name: Goodpack
Company Name: GOODPACK LIMITED
Research House: DMG

DMG & Partners Securities in a Feb 15 research report says: "Goodpack's 2QFY11 profit after tax and minority interest (PATMI) came in strongly at US$11.2 million (+15% q-o-q; +14% y-o-y) - the highest ever registered in a quarter - on the back of (1) higher revenue of US$36.5 million, and (2) recovering EBITDA margin of 49.8% (-0.2ppt q-o-q; +2.7ppt y-o-y).

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