By: La Papillion This is just a brief analysis of popular. Time is too short to analyse too much on a company that I think does not constitute a good business. The report comes from here. Turnover went up higher in FY08 than FY07, but gross profit doesn't follow through. In fact, gross margin fell from 17.1% in FY07 to 15.3% FY08. However, net profit margin increased slightly from 2.9% to 3.1%. They mentioned that the increase in turnover was mainly attributed to their retail and distribution business, due to more outlets opened in Singapore and M'sia. Read more...