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malayan united industries bh (3891) Details

Malayan United Industries Berhad, an investment holding company, engages in the retail, hotel, food and confectionery, financial services, property, and travel and tourism businesses. Its Retailing segment operates department and specialty stores, as well as designs, manufactures, sources, distributes, and sells garments, accessories, and home furnishings. The company’s Hotels segment holds hotel properties and operates hotels. Its Food and Confectionery segment is involved in the manufacture, marketing, and distribution of confectionery and other food products. The company’s Financial Services segment engages in broking and general insurance operations. Its Property segment is involved in the property development and investment activities. The company’s Travel and Tourism segment serves as a travel agent and provides travel-related services. It is also involved in investment activities. The company has operations in the Asia Pacific region, the United Kingdom, Continental Europe, and the United States. Malayan United Industries Berhad was incorporated in 1960 and is based in Kuala Lumpur, Malaysia.

Founded in 1960

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malayan united industries bh (3891) Key Developments

Malayan United Industries Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2012

Malayan United Industries Bhd announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company’s revenue was MYR 184,769,000 against MYR 192,015,000 a year ago. Profit from operating activities was MYR 15,208,000 against MYR 18,583,000 a year ago. Loss before tax was MYR 19,393,000 against profit before tax of MYR 28,786,000 a year ago. Loss for continuing operations MYR 24,580,000 against profit for continuing operations of MYR 21,123,000 a year ago. Loss attributable to owners of the company was MYR 16,747,000 against profit attributable to owners of the company of MYR 20,524,000 a year ago. Basic loss per ordinary share was 0.70 sen against basic earnings per share 0.86 sen a year ago. For the year, the company’s revenue was MYR 657,100,000 against MYR 674,000,000 a year ago. Profit from operating activities was MYR 59,957,000 against MYR 58,309,000 a year ago. Loss before tax was MYR 44,542,000 against profit before tax of MYR 36,284,000 a year ago. Loss for continuing operations MYR 61,964,000 against profit for continuing operations of MYR 16,026,000 a year ago. Profit attributable to owners of the company was MYR 32,616,000 against MYR 15,856,000 a year ago. Basic loss per ordinary share was 2.66 sen against basic earnings per share 0.48 sen a year ago. Net cash inflows from operating activities were MYR 23,835,000 against MYR 111,225,000 a year ago. Purchase of property, plant and equipment was MYR 18,120,000 against MYR 9,476,000 a year ago. The lower revenue in the current financial year under and RM27.1 million respectively for the same period last year. The lower revenue in the current financial year under review was mainly due to lower sales from specialty stores. The lower PBT in the current financial year under review mainly due to reversal of impairment on properties recorded in the same period last year.

Malayan United Industries Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012; Announces Impairment on Goodwill for the Third Quarter of 2012

Malayan United Industries Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company's revenue was MYR 174.79 million compared to MYR 175.12 million a year ago. Profit from operations was MYR 21.59 million compared to MYR 18.98 million a year ago. Loss before taxation was MYR 28.54 million compared to profit before taxation of MYR 2.72 million a year ago. Loss for continuing operations was MYR 34.57 million or 5.32 sen per basic share compared to MYR 3.28 million or 0.13 sen per basic share a year ago. Profit was MYR 133.53 million compared to loss of MYR 6.07 million a year ago. Profit attributable to equity holders of the company was MYR 51.97 million compared to loss attributable to equity holders of the company of MYR 5.48 million a year ago. For the nine months, the company's revenue was MYR 472.33 million compared to MYR 481.99 million a year ago. Profit from operations was MYR 45.95 million compared to MYR 41.66 million a year ago. Loss before taxation was MYR 25.15 million compared to profit before taxation of MYR 7.5 million a year ago. Loss for continuing operations was MYR 37.38 million or 6.01 sen per basic share compared to MYR 5.10 million or 0.59 sen per basic share a year ago. Profit was MYR 137.002 million compared to MYR 2.15 million a year ago. Profit attributable to equity holders of the company was MYR 49.36 million compared to loss attributable to equity holders of the company of MYR 4.67 million a year ago. Net cash flows from operating activities was MYR 25.86 million compared to MYR 76.86 million a year ago. Purchase of property, plant & equipment was MYR 5.38 million compared to MYR 5.4 million a year ago. The company also announced impairment on goodwill of MYR 39.07 million for the third quarter of 2012.

Malayan United Industries Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012

Malayan United Industries Berhad announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, revenue was MYR 217,537,000, profit from operations was MYR 16,511,000, profit before taxation was MYR 6,203,000 and loss attributable to equity holders of the company was MYR 842,000 or 0.04 sen per basic share against revenue of MYR 213,606,000, profit from operations of MYR 20,762,000, profit before taxation of MYR 8,766,000 and profit attributable to equity holders of the company of MYR 139,000 or 0.005 sen per diluted share for the same period a year ago. For the six months, revenue was MYR 424,346,000, profit from operations was MYR 33,234,000, profit before taxation was MYR 11,943,000 and loss attributable to equity holders of the company was MYR 2,608,000 or 0.13 sen per basic share against revenue of MYR 443,257,000, profit from operations of MYR 36,607,000, profit before taxation of MYR 18,410,000 and profit attributable to equity holders of the company of MYR 811,000 or 0.03 sen per diluted share for the same period a year ago. Net cash from operating activities was MYR 93,966,000 and purchase of property, plant and equipment was MYR 3,039,000 against net cash from operating activities of MYR 29,710,000 and additions to property, plant and equipment of MYR 3,402,000 a year ago.

 

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Valuation 3891 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.9x
Price/Cash Flow 21.2x
TEV/Sales NM Not Meaningful
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