Last 0.31 MYR
Change Today 0.00 / 0.00%
Volume 0.0
WAT On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 3:05 AM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

watta holding bhd (WAT) Snapshot

Open
0.29
Previous Close
0.31
Day High
0.31
Day Low
0.29
52 Week High
08/20/14 - 0.53
52 Week Low
12/16/14 - 0.26
Market Cap
26.2M
Average Volume 10 Days
9.0K
EPS TTM
-0.0040
Shares Outstanding
84.5M
EX-Date
07/25/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WATTA HOLDING BHD (WAT)

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watta holding bhd (WAT) Details

Watta Holding Berhad, an investment holding company, manufactures and sells automotive batteries in Malaysia. It operates through three segments: Trading, Services, and Investment Holding and Others. The Trading segment markets and distributes automotive batteries and related products. The Service segment markets and distributes telecommunication equipment and related products. The Investment Holding and Others segment engages in property investment business. The company is based in Kuala Lumpur, Malaysia.

watta holding bhd (WAT) Top Compensated Officers

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Executives, Board Directors

watta holding bhd (WAT) Key Developments

Watta Holding Bhd Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended September 30, 2014; Provides Earnings Guidance for the Year of 2014

Watta Holding Bhd announced unaudited consolidated financial results for the fourth quarter and year ended September 30, 2014. For the quarter, the company reported revenue of MYR 10.358 million against MYR 9.207 million a year ago. Profit from operation was MYR 0.383 million against MYR 1.588 million a year ago. Profit before taxation was MYR 0.313 million against MYR 1.487 million a year ago. Profit attributable to equity holders of the parent was MYR 0.054 million or 0.06 sen per basic share against MYR 0.818 million or 0.97 sen per basic share a year ago. The increased in revenue was contributed by both automotive batteries and servicing and repair of telecommunication product division. For the year, the company reported revenue of MYR 39.312 million against MYR 30.368 million a year ago. Profit from operation was MYR 0.227 million against MYR 2.283 million a year ago. Loss before taxation was MYR 0.062 million against profit before taxation of MYR 2.076 million a year ago. Profit attributable to equity holders of the parent was MYR 0.350 million or 0.41 sen per basic share against MYR 1.412 million or 1.70 sen per basic share a year ago. Net cash used in operating activities was MYR 2.055 million against net cash generated from operating activities of MYR 8.489 million a year ago. Purchase of property, plant and equipment was MYR 0.227 million against MYR 0.318 million a year ago. The board anticipates that the business prospects will remain challenging for the distribution of automotive batteries for the financial year ending 2015; given the highly competitive market for automotive battery, fluctuation of LME lead price and foreign exchange rates. The servicing and repair of telecommunication products division is expected to contribute positively to Watta Group's earnings in financial year 2015.

Watta Holding Bhd Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014

Watta Holding Bhd reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported revenue of MYR 9,615,000 against MYR 8,634,000 a year ago. Profit from operation was MYR 370,000 against MYR 497,000 a year ago. Profit before taxation was MYR 307,000 against MYR 426,000 a year ago. The decrease was mainly due to higher operating costs for both automotive battery and servicing and repair of telecommunication product division. Profit attributable to equity holders of the parent was MYR 253,000 or 0.30 sen per basic share against MYR 183,000 or 0.22 sen per basic share a year ago. The increase in revenue was contributed by the servicing and repair of telecommunication product division. For the nine months, the company reported revenue of MYR 28,953,000 against MYR 21,211,000 a year ago. Loss from operation was MYR 155,000 against profit from operation of MYR 1,207,000 a year ago. Loss before taxation was MYR 375,000 against profit before taxation of MYR 1,207,000 a year ago. Loss attributable to equity holders of the parent was MYR 404,000 or 0.48 sen per basic share against profit attributable to equity holders of the parent of MYR 674,000 or 0.80 sen per basic share a year ago. Net cash used in operating activities was MYR 3,323,000 against net cash generated from operating activities of MYR 5,669,000 a year ago. Purchase of property, plant and equipment was MYR 212,000 against MYR 304,000 a year ago. The decrease in profit of MYR 1.41 million was mainly due to the provision for import duty claw back of automotive batteries imported from Korea for period of January 2012 to September 2013; amounted to MYR 0.73 million. In addition, the weakening of Ringgit Malaysia against US Dollar, which resulted in the higher costs of importation of automotive batteries during the reporting quarters have affected the contribution margin. The servicing and repair of telecommunication product division has contributed a marginal profit.

Watta Holding Bhd Reports Unaudited Group Earnings Results for the Second Quarter and Six Months Ended Mar. 31, 2014

Watta Holding Bhd reported unaudited group earnings results for the second quarter and six months ended Mar. 31, 2014. For the quarter, revenue was MYR 8,301,000 against MYR 6,271,000 for the same period of last year. Loss from operation was MYR 645,000 against profit of MYR 259,000 for the same period of last year. Loss before taxation was MYR 709,000 against profit of MYR 211,000 for the same period of last year. Loss attributable to equity holders of the parent was MYR 682,000 against profit of MYR 157,000 for the same period of last year. Loss per basic share attributable to equity holders of the parent was 0.81 sen against profit of 0.19 sen for the same period of last year. For the six months, revenue was MYR 19,338,000 against MYR 12,577,000 for the same period of last year. Loss from operation was MYR 525,000 against profit of MYR 709,000 for the same period of last year. Loss before taxation was MYR 682,000 against profit of MYR 600,000 for the same period of last year. Loss attributable to equity holders of the parent was MYR 658,000 against profit of MYR 491,000 for the same period of last year. Loss per basic share attributable to equity holders of the parent was 0.78 sen against profit of 0.58 sen for the same period of last year. Net cash (used in)/generated from operating activities was MYR 2,613,000 against inflow of MYR 6,121,000 for the same period of last year. Purchase of property, plant and equipment was MYR 121,000 against MYR 88,000 for the same period of last year. The increase in revenue was contributed by the servicing and repair of telecommunication product division. The decrease in profit was mainly due to the provision for import duty claw back of automotive batteries imported from Korea for period of January 2012 to September 2013. In addition, the weakening of Ringgit Malaysia against US Dollar, which resulted in the higher costs of importation of automotive batteries during the reporting quarter has affected the contribution margin. The servicing and repair of telecommunication product division has contributed a marginal profit. This division is expected to perform better in the forthcoming quarters.

 

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Price/Sales 0.6x
Price/Book 0.4x
Price/Cash Flow 42.4x
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