JAW Place Research

SUPERLON HOLDINGS BHD QUARTERLY RESULT : Yay or Nay

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Publish date: Fri, 25 Sep 2020, 01:14 AM

Summary

  • An increase of 180% from the previous Quarter 4 Results (Comparing FY21 Quarter 1 vs FY20 Quarter 4)
  • Revenue of 27 million and profit of RM 3.7 million. An increase of 6% in their profit margin compared to FY20 Q4.
  • Would like to see the sustainable revenue and profit margin moving forward to attract the investor interest.
  • An interim dividend of 0.75 sen was announced. Dividend yield of 2.4% (considering a 1.15 sen was declared in March 2020).

Overview of Superlon Business

Superlon main business involves manufacturing of thermal insulation materials. A thermal insulator is a poor conductor of heat and has low thermal conductivity. Hence most insulation are used within residential, commercial or industrial buildings and in manufacturing processes to prevent any heat loss or heat gain.

Superlon Holding Berhad Organisation Chart

Some of the main products of Superlon thermal insulation sheets:

 

Superlon Holding Berhad Product

Revenue – the Group revenue for the current quarter decrease by RM 0.8 million or approximately 2% compared to the corresponding quarter. We would assume that the reduction in revenue could probably be due to government imposing MCO in the month of March, April, May.
Comment: Considering a tough month in May and June, the Group manages to maintain a good and healthy revenue.

Visit our webpage for the full details: https://jawplace.com/quarterly-report-review-6-superlon-holdings-berhad/

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