Asia300

QL Resources Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 4.96
Aug 18, 2017
Market cap:
Market cap(USD):
6,190.22M
1,443.10M
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. The company 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 2017

  • Local currency
  • US Dollar
Revenue 3,012M
Gross profit 544.57M
Operating income 270.77M
Income before tax 260.51M
Net income 195.92M
EBITDA 381.97M
Diluted EPS 0.16
Dividends per share 0.04
Total assets 3,187.14M
Total liabilities 1,345.53M
Total equity 1,748.30M
Operating cash flow 247.89M

Currency in MYR

Revenue 716.25M
Gross profit 129.50M
Operating income 64.39M
Income before tax 61.95M
Net income 46.59M
EBITDA 90.83M
Diluted EPS 0.03
Dividends per share 0.01
Total assets 720.17M
Total liabilities 304.04M
Total equity 395.05M
Operating cash flow 58.94M

Currency in USD

Valuation measures

Mar 2017

PER 28.5
ROA 6.52%
ROE 11.73%
Operating margin 8.99%
Profit margin 6.50%

Key executive

  • Group Managing Director & Director: Song Kun Chia
  • Executive Director & Founding Member: Seong Pow Chia
  • Group Accountant: 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.(0.9%)
  • 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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