Last 0.71 MYR
Change Today 0.00 / 0.00%
Volume 1.4M
JAK On Other Exchanges
Kuala Lumpur
As of 4:43 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

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07/17/14 - 0.85
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08/28/13 - 0.42
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jaks resources bhd (JAK) Details

JAKS Resources Berhad, an investment holding company, provides integrated water management solutions primarily in Malaysia. It engages in the manufacture and trade of steel pipes, cold formed rectangular and square hollow sections, butt welding pipe fitting products, ductile steel pipes, steel elbow joints, cold-rolled steel sheets, carbon steel pipes for ordinary piping, mild steel pipes, carbon steel tubes for general structural purpose and machine structural use, ERW black welded steel pipes, hot-rolled steel plates and sheets, and welded steel pipes. The company is also involved in trading sheet piles, steel bars, mild steel and special pipes, and other steel related products, as well as construction related products; and in the supply of products for water supply industry. In addition, it undertakes sub-contracting and general contracting projects, including water infrastructure projects; supplies building materials; and develops residential and commercial properties. The company serves various clients ranging from government agencies at state and federal level to public listed companies, and companies in the private sector. JAKS Resources Berhad is based in Subang Jaya, Malaysia.

jaks resources bhd (JAK) Top Compensated Officers

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jaks resources bhd (JAK) Key Developments

JAKS Resources Berhad, Annual General Meeting, Jun 26, 2014

JAKS Resources Berhad, Annual General Meeting, Jun 26, 2014., at 10:30 Singapore Standard Time. Location: Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah. Agenda: To consider the audited financial statements for the financial period ended December 31, 2013 together with the reports of the directors and auditors thereon; to consider the re-election of the directors; to approve the payment of directors' fees; to consider the re-appointment of auditors of the company for the ensuing year and to authorize the directors to fix the remuneration; and to consider the authority to issue shares pursuant to section 132D of the companies Act, 1965.

JAKS Resources Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

JAKS Resources Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of MYR 109,680,000. Operating profit before finance costs was MYR 11,602,000. Profit before taxation was MYR 7,875,000. Net profit for the period was MYR 4,709,000. Attributable to owners of the company was MYR 879,000 or 0.20 sen earnings per share. Net operating cash flow was MYR 17,844,000. purchase of property, plant & equipment was MYR 78,000.

JAKS Resources Berhad Announces Unaudited Consolidated Earnings Results for the Two Months and Fourteen Months Ended December 31, 2013

JAKS Resources Berhad announced unaudited consolidated earnings results for the two months and fourteen months ended December 31, 2013. For the two months, the company’s revenue was MYR 76,457,000. Operating profit before finance cost was MYR 2,788,000. Profit before tax was MYR 1,060,000. Net profit for the period was MYR 220,000 or 0.07 sen per basic share. The increase in revenue stems from the recognition of additional two months of revenue as well as higher recognition of the Property Development's revenue in the current year following the consolidation of the results of MNH Global Assets Management Sdn Bhd (MNH) for the Ara Damansara project as well as the progress billing on JAKS Island Circle Sdn Bhd for the Pacific Star project at Section 13 Petaling Jaya. For the fourteen months, the company’s revenue was MYR 586,378,000. Operating profit before finance cost was MYR 37,553,000. Profit before tax was MYR 19,783,000. Net profit for the period was MYR 10,657,000 or 1.71 sen per basic share. Net operating cash outflow was MYR 30,548,000. Purchase of property, plant and equipment was MYR 2,779,000. Net assets per share attributable to owners of the parent was MYR 1.02 as on December 31, 2013.


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