Asia300

DRB-Hicom Bhd.

Malaysia

  • 1m
  • 3m
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  • 1y
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Aug 18, 2017
Prev close: 1.66
Aug 18, 2017
Market cap:
Market cap(USD):
3,209.17M
748.14M
Shares: 1,933.24M

Currency in MYR

Company profile

Market(Ticker): KLS(1619)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 58,110

Business summary

DRB-Hicom Bhd. is an investment holding company, which engages in the automotive, services, and property and infrastructure businesses. It operates through the following segments: Automotive, Services, and Property, Asset and Construction. The Automotive segment focuses on manufacturing, assembly, importation, pre-delivery inspection, composite manufacturing, distribution, and sale of motor vehicles, military vehicles, motorcycles, and special purpose vehicles including sale of related spare parts and services. The Services segment offers concession, banking, insurances, postal, integrated logistics and inventory solutions, education, and trading in engineering products and services. The Property, Asset, and Construction segment is involved in property holding, development and construction works, and asset management services. The company was founded on August 28, 1990 and is headquartered in Shah Alam, Malaysia.

Company background

DRB-Hicom counts automaking, services and property development among its many lines of business. It lead Malaysia's efforts to industrialize in the early 1980s, when national car Proton was introduced. The automaker was later spun off.

Proton Holdings was acquired in 2012 by DRB-Hicom. Besides automaking, DRB-Hicom is a contract manufacturer and distributor for Japanese and European brand cars. Proton recently appointed former Prime Minister Mahathir bin Mohamad as chairman in a bid to halt declining market share.

Under its services division, DRB-Hicom owns postal service Pos Malaysia, solid waste management company Alam Flora and commercial vehicle inspection business Puspakom. DRB-Hicom is also involved in township development in the country.

The company is majority owned by Etika Strategi, a private company controlled by tycoon Syed Mokhtar Albukhary. DRB-Hicom is headed by Managing Director Khamil Jamil, a lawyer by training.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 12,058.33M
Gross profit 1,491.21M
Operating income -257.63M
Income before tax -471.66M
Net income -454.40M
EBITDA 664.29M
Diluted EPS -0.23
Dividends per share 0.01
Total assets 44,190.64M
Total liabilities 35,103.97M
Total equity 7,363.57M
Operating cash flow 48.41M

Currency in MYR

Revenue 2,867.49M
Gross profit 354.61M
Operating income -61.26M
Income before tax -112.16M
Net income -108.05M
EBITDA 157.97M
Diluted EPS -0.05
Dividends per share 0.00
Total assets 9,985.45M
Total liabilities 7,932.20M
Total equity 1,663.89M
Operating cash flow 11.51M

Currency in USD

Valuation measures

Mar 2017

PER --
ROA -1.05%
ROE -6.53%
Operating margin -2.13%
Profit margin -3.76%

Key executive

  • Group Managing Director & Director: Faisal Albar bin Ali Rethza Albar
  • Chief Operating Officer: Mohamed Razeek bin Mohamed Hussain Maricar
  • Head-Group Information Technology: Kim Fatt Cham
  • Group Director-Business Development: Khalid bin Abdol Rahman
  • Deputy Chief Executive Officer: Radzaif bin Mohamed

Share holders

  • Employees Provident Fund(6.0%)
  • Lembaga Tabung Haji(5.8%)
  • Dimensional Fund Advisors LP(1.8%)
  • The Vanguard Group, Inc.(1.4%)
  • Norges Bank Investment Management(1.4%)
  • Baring Asset Management (Asia) Ltd.(0.5%)
  • RHB Asset Management Sdn. Bhd.(0.3%)
  • BlackRock Fund Advisors(0.2%)
  • Pacific Mutual Fund Bhd.(0.1%)
  • Libra Invest Bhd.(0.1%)

Address

  • Website: http://www.drb-hicom.com
  • Address: Wisma DRB-HICOM, No. 2, Jalan Usahawan U1/8, Shah Alam, 40150, Malaysia
  • Phone: +60.3.2052.8000

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