goodpack ltd (GPACK:Singapore)
goodpack ltd (GPACK) Snapshot
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Open
$1.70
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Previous Close
$1.72
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Day High
$1.70
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Day Low
$1.70
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52 Week High
11/6/12 - $1.96
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52 Week Low
05/22/12 - $1.58
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Market Cap
951.4M
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Average Volume 10 Days
183.9K
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EPS TTM
$0.09
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Shares Outstanding
559.7M
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EX-Date
11/6/12
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P/E TM
14.8x
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Dividend
$0.02
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Dividend Yield
2.94%
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Related News
goodpack ltd (GPACK) Related Businessweek News
No Related Businessweek News Foundgoodpack ltd (GPACK) Details
Goodpack Limited engages in leasing intermediate bulk containers (IBCs) that are used for packaging, transporting, and storing cargoes. The company offers steel IBCs on trip and term rental basis to MNCs in various industries, including rubber, tire, food, and chemical industries. It owns and operates a fleet of approximately 2.6 million steel IBCs. The company is also involved in marketing and leasing crates; and providing a range of supply chain and technical support services. It primarily serves tire and automotive manufacturers, chemicals and juice producers, and general merchandisers worldwide. Goodpack Limited is headquartered in Singapore.
goodpack ltd (GPACK) Key Developments
Goodpack Ltd. reported earnings results for the nine months ended March 31, 2013. For the period, revenue was $139,581,000 against $130,695,000 a year ago. EBIT was $49,790,000 against $44,441,000 a year ago. Profit before tax was $41,763,000 against $40,485,000 a year ago. Profit after tax was $36,210,000 against $35,495,000 a year ago. Revenue registered a growth of 6.8% to $139.6 million due to increased penetration in existing markets, especially in the synthetic rubber and liquids segments.
Goodpack Limited announced that it has priced SGD 50,000,000 4.70% notes due 2023 (the Series 006 Notes), to be issued under its SGD 600,000,000 Multicurrency Medium Term Note Programme. Oversea-Chinese Banking Corporation Limited has been appointed as dealer of the series 006 notes. The issue date of the notes is currently expected to be on April 24, 2013. The net proceeds arising from the issue of the series 006 notes (after deducting issue expenses) will be used for the purpose of financing the general working capital, capital expenditure and corporate requirements (including acquisitions and investments) and/or refinancing the borrowings of the company and/or the company and its subsidiaries.
Goodpack Ltd. appointed Edward Chiu Wai Chi as Deputy Chief Executive Officer with effect March 7, 2013. He was Head of Europe, Goodpack Europe B.V. from 2009 to 2013. The appointment is an executive position: oversee of all the functional departments which include Finance, Human Resources, Information Technology, Operations and Business Excellence; and Regional Vice President for Europe, the Middle East and Africa and Russia.
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| GPACK:SP | $1.70 SGD | -0.02 | |
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Industry Analysis
GPACK
Industry Average
| Valuation | GPACK | Industry Range |
| Price/Earnings | 15.4x |
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| Price/Sales | 3.9x |
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| Price/Book | 2.2x |
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| Price/Cash Flow | 12.1x |
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| TEV/Sales | 1.8x |
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