comparemela.com

Latest Breaking News On - Tashin holdings bhd - Page 1 : comparemela.com

Seven Malaysian companies make it to Forbes Asia s Best Under A Billion 2022 list

KUALA LUMPUR (August 11): Seven Malaysian companies have made it to the Forbes Asia's Best Under A Billion 2022 list. The annual list highlights 200 Asia-Pacific public companies with less than US$1 billion in sales and consistent top- and bottom-line growth. The seven Malaysian companies are CE Technology, D&O Green Technologies Bhd, Greatech Technology Bhd, Kim Loong Resources Bhd, Tashin Holdings Bhd, UG Healthcare and ViTrox Corp Bhd.

ATTA, Golden Pharos, Nylex, Chuan Huat, Fibon, Leon Fuat, PA Resources, Selangor Dredging, Tashin, Turbo-Mech, Watta, YLI

The stocks with positive momentum were: ATTA Global Group Bhd down 2.5 sen at 57.5 sen  Golden Pharos Bhd unchanged at 39.5 sen  Nylex (M) Bhd down 2.5 sen at 86.5 sen  The stocks with negative momentum were: Chuan Huat Resources Bhd down five sen at 58.5 sen Fibon Bhd up 1.5 sen at 47.5 sen Leon Fuat Bhd up 10 sen at RM1.10 PA Resources Bhd down one sen at 53.5 sen Selangor Dredging Bhd down two sen at 73.5 sen Tashin Holdings Bhd down five sen at 78.5 sen Turbo-Mech Bhd unchanged at 86.5 sen Watta Holdings Bhd up five sen at 73.5 sen  YLI Holdings Bhd unchanged at 42 sen   The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

Tashin Q1 earnings up 16-fold on higher demand for steel products, selling prices

03 May 2021 / 21:29 H. PETALING JAYA: Tashin Holdings Bhd’s net profit for its first quarter ended March 31, 2021 surged 16-fold to RM12.23 million from RM724,000 reported in the same quarter of the previous year on higher demand for its steel products and selling price. Revenue for the period improved to RM95.22 million, a 55.2% gain from RM61.35 million reported previously. Its managing director Lim Choon Teik elaborated that the strong performance was attributed to its slit coils/steel sheets as well as manufactured products such as steel pipes, flat and square bars, expanded metals and checkered plates. “Tashin experienced improved sales for its steel products and profit margin during Q1’21 as the economy saw a gradual return to normalisation while business sentiments improved after one year of the Covid-19 pandemic,” he said in a statement.

Tashin buys CSC Steel s property in Penang

s factory in Seberang Perai Tengah, Penang for RM43.5mil. The deal involved the purchase of two parcels of industrial land measuring 6.47 acre and 4 acres each. The properties are located next to Tashin s existing factory. The Proposed Acquisition represents Tashin s efforts to increase its production capacity in steel processing of slit coils, steel sheets and steel manufacturing products, it said in a filing with Bursa Malaysia today. Upon completion of the acquisition, Tashin s annual production capacity is expected to increase from existing 149,520 MT to 222,720 MT a year. With the increase in capacity, the Group believes that this will lead to an increase in both revenue and profitability in future financial years, it said.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.