Wisynco Group Ltd (WISYNCO) Mar 2020 (Q3) Earnings Review: Strong Growth & Balance Sheet

Wisynco Group Ltd (WISYNCO) recently reported their March 2020 (Q3) results. Here are the highlights.

This is just a summary, but for more charts, ratios and other details visit WISYNCO’s page here

This Quarter (2020Q3) vs Same Quarter Last Year

Net Revenue of $8.08b vs $6.54b (23.55%)
They continue to enjoy strong revenue growth, but vs the last qrtr (Q2) revenue growth has slowed. Interestingly Q3 2019 was less than Q2 2019 as well.

Cost Of Sales / Direct Expenses was -$5.49b vs -$4.02b (36.59%)
However costs of production are growing rapidly as well
Gross Profit totaled $2.58b vs $2.51b (2.71%)
Gross Margin at 32%. They are hoping for an increase to 34-35% in May/June

This content requires an Investor Account or higher.

#WISYNCO results out

@MoneyMax101 / Fri May 08, 2020 05:54 pm
#WISYNCO distributes coke right? I wonder if their sales are down this much as well? ? Coca-Cola Co….

@Stephen / Thu Apr 23, 2020 09:26 am
#WISYNCO having a wild ride today. Started as high as $19 and now in the $15 range. The…

@Stephen / Wed Apr 15, 2020 12:11 pm
#WISYNCO back up to 20! How’s the day looking so far? moneymax101.com/reports/stocks/live/

@MoneyMax101 / Thu Apr 09, 2020 09:53 am
Quite a few #WISYNCO and #NCBFG trades today. Always good to consider a stock that trades regularly

@Stephen / Thu Mar 26, 2020 12:15 pm

This entry was posted in Earnings. Bookmark the permalink.