At the webcast meeting Cars sales Gross margin fell from 16.9% to 16.2% under pressure here. Chair would not give a segmented report on the other margins.
Chair commented PWR prefer bank debt via a loan vs capital raising via the market .. something about the capital cost is about the same.
New CEO below.
Heathy Balance sheet!!! : (Lots of land lah, lah)
LVT 27% = 61/226
I looked up another source to Compare Net debt / Equity:
PWR; Net debt to equity is 140%
ARB Net debt to equity is -2.27%
so Yep...