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.
Some of the main products of Superlon thermal insulation sheets:
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