Asia300

QL Resources Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 4.54
Mar 23, 2017
Market cap:
Market cap(USD):
5,666.05M
1,279.30M
Shares: 1,248.02M

Currency in MYR

Company profile

Market(Ticker): KLS(7084)
Sector:
Industry:
Process Industries
Agricultural Commodities/Milling
Full time employees: --

Business summary

QL Resources Bhd. engages in the livestock farming, surimi manufacturing, and palm oil businesses. It operates through three segments: Marine-Products Manufacturing, Palm Oil and Biomass Energy Activities, and Integrated Livestock Farming. The Marine Products Manufacturing segment focuses on deep-sea fishing, and manufacture and sale of fishmeal, surimi, and suirmi-based products. The Palm Oil and Biomass Energy Activities segment engages in the plantation, crude palm oil milling, and downstream palm biomass technology. The Integrated Livestock Farming segment distributes animal feed raw materials, food related products, and involves in livestock farming. QL Resources was founded by Chia Song Kun in 1987 and is headquartered in Shah Alam, Malaysia.

Company background

Founded in 1987 by lecturer-turned-entrepreneur Chia Song Kun, QL Resources is a leading agri-food company with operations in Malaysia, China, Indonesia and Vietnam. Chia is currently QL Resources group managing director.

The company is involved in integrated livestock farming, marine products manufacturing and oil palm plantations. It is one of the largest egg producers in Southeast Asia, with a daily output of 4.5 million, and is engaged in deep-sea fishing, aquaculture and production of surimi fish paste, an ingredient used widely in processed food in Asia. It is the largest surimi producer in Asia, making 50,000 tons a year.

Most of the company's marine products are sold under the Mushroom and Figo brands, and are exported worldwide. It also owns over 160 sq. km of plantation lands for palm oil production. QL Resources is focusing its growth strategy on building up its consumer food segments. Its growth has mostly been achieved organically and through acquisitions. QL Resources is 45% owned by CBG Holdings, a private company controlled by the Chia family.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 2,853.92M
Gross profit 521.58M
Operating income 274.26M
Income before tax 236.54M
Net income 192.07M
EBITDA 371.37M
Diluted EPS 0.15
Dividends per share 0.04
Total assets 2,814.04M
Total liabilities 1,143.14M
Total equity 1,591.65M
Operating cash flow 265.51M

Currency in MYR

Revenue 704.74M
Gross profit 128.79M
Operating income 67.72M
Income before tax 58.41M
Net income 47.43M
EBITDA 91.70M
Diluted EPS 0.03
Dividends per share 0.01
Total assets 721.27M
Total liabilities 293.00M
Total equity 407.95M
Operating cash flow 65.56M

Currency in USD

Valuation measures

Mar 2016

PER 29
ROA 7.11%
ROE 12.72%
Operating margin 9.61%
Profit margin 6.73%

Key executive

  • Group Managing Director & Director: Song Kun Chia
  • Group Accountant & Head-Investor Relations: Freddie Yap
  • Secretary: Geok Ping Ng

Share holders

  • CBG Holdings Sdn. Bhd.(42.0%)
  • Farsathy Holdings Sdn. Bhd.(12.0%)
  • Public Mutual Bhd.(2.4%)
  • Eastspring Investments Bhd.(1.6%)
  • Mondrian Investment Partners Ltd.(1.3%)
  • Permodalan Nasional Bhd.(1.2%)
  • The Vanguard Group, Inc.(0.8%)
  • Dimensional Fund Advisors LP(0.7%)
  • Tokio Marine Holdings, Inc.(0.4%)
  • LIU SIN(0.4%)

Address

  • Website: http://www.ql.com.my
  • Address: No. 16A, Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, 40150, Malaysia
  • Phone: +60.3.7801.2288

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