Classic Scenic Berhad was founded in 1988 and listed in Malaysia since 2004.
Currently, it is mainly operating in 3 segments:
Wooden Picture Frame Mouldings Segment - Manufacture and sales of wooden picture frame mouldings.
Other Timber Products Segment - Manufacture and sales of other timber products.
Property Holding Segment - Holding and rental of properties.
Moreover, geographically CSCENIC operate in (1) North America, (2) Australia, (3) Malaysia and (4) Other countries.
Further information about these segments are available in CSCENIC official website:
[Ownership]
[Historical Financial Information]
Video Link: https://youtu.be/Rtwve--WRh8
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[My 2 Cents]
Niche business (wooden picture frame).
Profit fell during FY2018 and LTM most likely due to higher cost of goods sold (Production Cost), reason being that gross margin fell drastically during FY2018-LTM.
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