July 26, 2014 5:58 AM ET

Road and Rail

Company Overview of Tiong Nam Logistics Holdings Bhd

Company Overview

Tiong Nam Logistics Holdings Berhad, an investment holding company, provides transportation, warehousing, and related services in Malaysia. It operates through four segments: Transportation and Related Services, Property Letting and Warehousing, Investment, and Property Development. The company offers transportation services for various goods through its fleet of haulage trucks, prime movers, car carriers, and trailers; and forwarding services that comprise solutions for duty rates, cargo classification, insurance cover, and customized EDI invoice submission, as well as operates general warehouses, bonded warehouses, cold rooms, and free trade zone/free commercial zone warehouses. It also pr...

Lot 30462

Jalan Kempas Baru

Johor Bahru,  81200

Malaysia

Founded in 1975

Phone:

60 7 232 1299

Fax:

60 7 236 1299

Key Executives for Tiong Nam Logistics Holdings Bhd

Tiong Nam Logistics Holdings Bhd does not have any Key Executives recorded.

Tiong Nam Logistics Holdings Bhd Key Developments

Tiong Nam Logistics Holdings Bhd Recommends Dividend for the Financial Year Ended March 31, 2014

Tiong Nam Logistics Holdings Bhd announced that the Board of Directors recommends the payment of single tier dividend of 12.5% or 2.5 sen per ordinary share in respect of financial year ended March 31, 2014 compared to 12% or 12.0 sen per ordinary share less income tax 25% in 2013. The dividend is subject to the approval of shareholders in the forthcoming Annual General Meeting.

Tiong Nam Logistics Holdings Bhd Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Tiong Nam Logistics Holdings Bhd reported unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2014. The company reported revenue of MYR 123,534,000, profit before taxation of MYR 39,163,000, profit attributable to equity holders of MYR 30,830,000 or 6.50 sen per diluted share against revenue of MYR 102,056,000, profit before taxation of MYR 12,962,000, profit attributable to equity holders of MYR 5,812,000 or 1.38 sen per diluted share a year ago. This revenue increase is mainly due to securing of new total logistics customers, increase in transportation charged rate and rental rate as well as higher occupancy rate of warehouses. For the year, the company reported revenue of MYR 532,947,000, profit before taxation of MYR 112,615,000, profit attributable to equity holders of MYR 74,706,000 or 15.75 sen per diluted share against revenue of MYR 340,016,000, profit before taxation of MYR 28,486,000, profit attributable to equity holders of MYR 17,345,000 or 4.12 sen per diluted share a year ago. Net cash from operating activities was MYR 111,660,000 against MYR 43,300,000 a year ago. Acquisition of property, plant and equipment was MYR 126,811,000 against MYR 87,947,000 a year ago.

Tiong Nam Logistics Holdings Bhd Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013

Tiong Nam Logistics Holdings Bhd reported consolidated unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported revenues were MYR 151,862,000 against MYR 80,010,000 a year ago. Profit before taxation was MYR 28,551,000 against MYR 6,229,000 a year ago. Profit attributable to equity holders of the company was MYR 16,774,000 or 3.48 sen diluted per share against MYR 4,432,000 or 1.05 sen diluted per share a year ago. For the nine-month period, the company reported revenues were MYR 409,413,000 against MYR 237,960,000 a year ago. Profit before taxation was MYR 73,452,000 against MYR 15,524,000 a year ago. Profit attributable to equity holders of the company was MYR 43,876,000 or 9.10 sen diluted per share against MYR 11,533 or 2.74 sen diluted per share a year ago. Net cash from operating activities was MYR 60,610,000 against MYR 23,568,000 a year ago. Acquisition of property, plant and equipment was MYR 117,654,000 against MYR 4,309,000 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 20, 2014
Peninsular Hub Sdn. Bhd, Nine Parcels of Freehold Agriculture Lands in Malaysia
Merger/Acquisition
November 18, 2013
1767 Mukim of Tebrau, District of Johor Bahru
Buyback
September 17, 2013
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tiong Nam Logistics Holdings Bhd, please visit www.tiongnam.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.