Last 3.15 MYR
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:39 AM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

magni-tech industries bhd (MTI) Snapshot

Open
3.15
Previous Close
3.15
Day High
3.15
Day Low
3.13
52 Week High
07/8/14 - 3.38
52 Week Low
08/28/13 - 1.79
Market Cap
341.7M
Average Volume 10 Days
13.3K
EPS TTM
0.39
Shares Outstanding
108.5M
EX-Date
04/9/14
P/E TM
8.2x
Dividend
0.08
Dividend Yield
4.13%
Current Stock Chart for MAGNI-TECH INDUSTRIES BHD (MTI)

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magni-tech industries bhd (MTI) Details

Magni-Tech Industries Berhad, an investment holding company, manufactures and sells apparel in Vietnam and China. The company operates in two segments, Manufacturing and Sales of Packaging Materials; and Manufacturing and Sales of Garments. It manufactures and distributes corrugated fibre board cartons and boxes, inner packaging boxes, and flexible plastic packaging materials for industrial and commercial uses. Magni-Tech Industries Berhad is based in Penang, Malaysia.

magni-tech industries bhd (MTI) Top Compensated Officers

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magni-tech industries bhd (MTI) Key Developments

Magni-Tech Industries Bhd Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended April 30, 2014; Provides Earnings Guidance for the Year of 2015; Reports Impairment of Assets for the Quarter

Magni-Tech Industries Bhd announced unaudited consolidated financial results for the fourth quarter and year ended April 30, 2014. For the quarter, the company reported revenue of MYR 162.440 million against MYR 136.687 million a year ago. Profit from operations was MYR 10.045 million against MYR 9.537 million a year ago. Profit before taxation was MYR 10.705 million against MYR 9.940 million a year ago. Profit attributable to equity holders of the parent was MYR 8.492 million or 7.83 sen per basic share against MYR 7.314 million or 6.74 sen per basic share a year ago. For the year, the company reported revenue of MYR 651.272 million against MYR 565.817 million a year ago. Profit from operations was MYR 52.292 million against MYR 46.536 million a year ago. Profit before taxation was MYR 55.412 million against MYR 48.013 million a year ago. Profit attributable to equity holders of the parent was MYR 41.950 million or 38.67 sen per basic share against MYR 35.830 million or 33.03 sen per basic share a year ago. Net cash generated from operating activities was MYR 39.278 million against MYR 27.283 million a year ago. Purchase of property, plant and equipment was MYR 6.152 million against MYR 4.322 million a year ago. The manufacturing and sale of garment will still be the Group's major revenue contributor. The Group maintains a cautiously positive outlook for the forthcoming financial year ending 30 April 2015 amid the global economic uncertainty. Both the garment and packaging businesses are expected to remain profitable for the forthcoming financial year. For the quarter, the company reported impairment of assets of MYR 9,000.

Magni-Tech Industries Bhd Recommends Final and Special Dividend for the Year Ended 30 April 2014

The Board of Directors of Magni-Tech Industries Bhd recommended, for approval at the annual general meeting, a final tax exempt dividend of 3 sen per share and a special single tier dividend of 5 sen per share for the financial year ended 30 April 2014 compared to 3 sen final tax exempt dividend and 5 sen special single tire dividend per share in 2013.

Magni-Tech Industries Bhd Declares Interim Dividend, Payable on April 30, 2014; Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended 31 January 2014

The Board of Magni-Tech Industries Bhd has declared a tax exempt interim dividend of 5 Sen per share amounting to MYR 5,424,395 in respect of the financial year ending April 30, 2014 and payable on April 30, 2014. The entitlement date has been fixed on April 11, 2014. The company announced unaudited consolidated earnings results for the third quarter and nine months ended 31 January 2014. For the quarter, the company reported revenue of MYR 187,072,000 against MYR 162,193,000 a year ago. Profit from operations was MYR 19,418,000 against MYR 12,844,000 a year ago. Profit before taxation was MYR 19,860,000 against MYR 13,165,000 a year ago. Net profit attributable to equity holders of the parent was MYR 14,842,000 against MYR 9,858,000 a year ago. Basic earnings per share were 13.68 sen against 9.09 sen a year ago. For the nine months, the company reported revenue of MYR 488,832,000 against MYR 429,130,000 a year ago. Profit from Operations was MYR 42,247,000 against MYR 36,999,000 a year ago. Profit before taxation was MYR 44,707,000 against MYR 38,073,000 a year ago. Net profit attributable to equity holders of the parent was MYR 33,458,000 against MYR 28,516,000 a year ago. Basic earnings per share were 30.84 sen against 26.28 sen a year ago. Net cash generated from operating activities was MYR 33,699,000 against MYR 30,404,000 a year ago. Purchase of property, plant and equipment was MYR 2,753,000 against MYR 3,851,000 a year ago.

 

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Valuation MTI Industry Range
Price/Earnings 8.3x
Price/Sales 0.5x
Price/Book 1.5x
Price/Cash Flow 8.3x
TEV/Sales 0.4x
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