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ralco corp bhd (7498) Details

Ralco Corporation Berhad, an investment holding company, is engaged in the manufacture and sale of plastic products. It operates in two segments, Plastic Products and Others. The Plastic Products segment manufactures and sells plastic products, such as plastic bottles, containers, boxes, crates, and related materials. The Others segment is involved in buying and selling palm oil products; manufacturing or dealing in packaging materials and related products; and oil packing activities. Ralco Corporation Berhad was incorporated in 1995 is based in Nilai, Malaysia.

Founded in 1995

ralco corp bhd (7498) Top Compensated Officers

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ralco corp bhd (7498) Key Developments

Ralco Corporation Berhad Announces the Resignation of Heng Chee Wei as Independent & Non Executive Chairman of Audit Committee, Effective from July 1, 2014

Ralco Corporation Berhad announced the resignation of Heng Chee Wei as Independent & Non Executive Chairman of Audit Committee, effective from July 1, 2014.

Ralco Corporation Berhad Announces Redesignation of Heng Chee Wei from Non-Executive Director to Chief Executive Officer, Effective July 1, 2014

Ralco Corporation Berhad announced redesignation of Heng Chee Wei from Non-Executive Director to Chief Executive Officer, effective July 1, 2014. Mr. Heng was previously the Operations Director of TNT Worldwide Express (M) Sdn. Bhd. He was a Senior Operations Manager of Federal Express Services (M) Sdn. Bhd. from 1999 to 2009.

Ralco Corporation Berhad Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Ralco Corporation Berhad announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced loss before tax of MYR 124,000 compared to profit before tax of MYR 281,000 for the same period a year ago. Loss for the period attributable to ordinary equity holders of the parent company was MYR 146,000 or 0.35 sen per basic share compared to profit for the period attributable to ordinary equity holders of the parent company of MYR 251,000 or 0.71 sen per basic share for the same period a year ago. Gross revenue was MYR 24,573,000 compared to MYR 24,600,000 for the same period a year ago. Results from operating activities were MYR 83,000 compared to MYR 494,000 for the same period a year ago. Net cash generated used in operating activities was MYR 705,000 compared to MYR 898,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 93,000 compared to MYR 72,000 for the same period a year ago.

 

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Valuation 7498 Industry Range
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TEV/Sales 0.2x
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