Latest news with #BintuluPortHoldingsBerhad
Borneo Post
29-05-2025
- General
- Borneo Post
Bintulu Port hosts special hi-tea to honour working mums
Daiana (seated, centre) joins the BPWL leadership team in a photo-call. BINTULU (May 30): Bintulu Port Women Leaders (BPWL) recently hosted the 'Bintulu Port Mother's Day Hi-Tea' themed 'A Tribute to Working Mums'. The event was aimed to honour the incredible strength, grace, and dedication of the working mothers at Bintulu Port Holdings Berhad. One of the standout moments at the event was the presentation of awards of recognition, where special titles such as 'Lunchbox Legend', 'Always Steady and On Point', 'Sport Supermom' and 'Sweetest Touch', were awarded to exceptional mothers deemed to be embodying the spirit of resilience and care. Adding depth and emotion to the celebration, nine inspiring mothers raising children with special needs were specially recognised for their unwavering love, patience, and courage, a powerful tribute to their extraordinary journeys. The event also included a moving appreciation for Daiana Luna Suip, BPWL chairwoman, whose leadership and compassion continued to inspire everyone at Bintulu Port. 'We extend our heartfelt congratulations to all award recipients, and sincere gratitude to everyone who has made this celebration a meaningful one,' said BPWL in a statement. Bintulu Port Women Leaders lead Mother's Day Hi-Tea working mums
Borneo Post
14-05-2025
- Business
- Borneo Post
Bintulu Port donates RM25,000 to aid Sarawakian Hajj pilgrims
Maslihah (right) hands over the donation cheque to Amat Kassim on stage. BINTULU (May 15): Bintulu Port Holdings Berhad (BPHB) has contributed RM25,000 to support Sarawakian pilgrims embarking on their Hajj journey. The donation was presented during the 'Majlis Meraikan Keberangkatan Jemaah Haji Negeri Sarawak 1446H/2025M' at Raia Hotel & Convention Centre Kuching on Tuesday. According to BPHB, the initiative reflects its ongoing commitment to social responsibility, marking the second year of its collaboration with Tabung Haji (TH) as a corporate partner. The contribution was specifically used to provide food and beverages for 816 pilgrims prior to their departure to the Holy Land via four chartered flights from Kuching International Airport. 'This effort not only helps ensure a smooth pilgrimage for the participants, but also strengthens ties between corporate entities and the community,' said BPHB Group Stakeholders Relations general manager Maslihah Tioh, who represented Group president and chief executive officer Ruslan Abdul Ghani. Maslihah added that BPHB's partnership with TH Sarawak, initiated in 2024, has grown to support the meaningful cause of serving Allah's guests. She emphasised that the initiative aligns with BPHB's goal to be a socially responsible organisation grounded in Islamic values. Also present at the event were TH Sarawak director Amat Kassim Pait, Jakim Sarawak director Hamdan Jaree, pilgrims, and other invited guests. Bintulu Port contribution hajj lead
Borneo Post
21-04-2025
- Business
- Borneo Post
Tariffs to have minimal impact to Bintulu Port, says group CEO
Ruslan fields questions from reporters. KUCHING (April 21): The sweeping tariffs imposed by the United States are expected to have minimal impact on Bintulu Port Holdings Berhad (BPHB), says group chief executive officer Ruslan Abdul Ghani. He said while it is still too early to draw a firm conclusion, the group does not expect to be significantly affected. He explained this is because most of BPHB's exports do not go directly to the United States. 'We normally export to India, especially for our crude palm oil (CPO); to China, even to Africa. 'We don't deal directly with America, so hopefully that will have quite a minimum impact to us,' he told reporters after the group's 29th Annual General Meeting at Hilton Hotel here today. Ruslan however acknowledged that there could still be some indirect effects. 'It's a bit too early to say, because there's the direct impact, and there's also the indirect impact. So we are currently evaluating all of this,' he added. The group had earlier posted a record-breaking total revenue for its financial year ended December 31, 2024 at RM888.47 million, representing an 8.13 per cent growth driven by disciplined operational management and strong support from the state government. The group also achieved a total cargo throughput of 51.94 million tonnes, making BPHB the third largest port in Malaysia in terms of volume handled. The port's vessel traffic also reached a record 8,026 calls that positions BPHB as a critical maritime logistics hub in the region Despite the uncertainties ahead, Ruslan remains hopeful about the group's outlook in 2025. He said growth will be supported by new throughput, including volumes from green energy, as well as the continued strong performance of Sarawak PetChem and liquefied natural gas (LNG). On 5 April, a blanket 10 per cent tariff was imposed on almost all imports into the United States. Four days later, the US announced even higher 'reciprocal' tariffs on goods from around 60 countries based on trade deficits. Malaysia faces a 24 per cent reciprocal tariff. However, on the same day, Trump walked back parts of the policy by suspending the country-specific tariffs and while maintaining the 10 per cent blanket duty on almost all US imports. Bintulu Port Holdings Berhad lead ruslan abdul ghani tariffs
Borneo Post
21-04-2025
- Business
- Borneo Post
BPHB hits cargo, revenue milestones for FY24
Ruslan (fourth left) during the group's 29th Annual General Meeting in Kuching today. KUCHING (April 21): Bintulu Port Holdings Berhad (BPHB) has achieved a record-breaking operational milestone for its financial year ended Dec 31, 2024. The group has posted total revenue of RM888.47 million, representing an 8.13 per cent growth driven by disciplined operational management. Group chief executive officer Ruslan Abdul Ghani said BPHB also achieved total cargo throughput of 51.94 million tonnes, which set a new performance benchmark. 'We are basically the third largest port in Malaysia in terms of throughput. 'We did quite well, and all of this is because of the support from our board, employees, and stakeholders. 'We received strong backing from everyone, especially Bintulu Port Authority and the Ministry of Infrastructure, Port and Development Sarawak (MIPD),' he said to the media after the group's 29th Annual General Meeting at Hilton Hotel here today. Additionally, the port's vessel traffic also reached a record 8,026 calls that positions BPHB as a critical maritime logistics hub in the region. 'We also did quite well with regard to vessel performance, recording over 8,000 vessel calls last year,' added Ruslan. The group declared a dividend of RM69 million at 15 sen per share. For 2025, Ruslan expects revenue to match or exceed 2024 levels. 'With the introduction of new services and throughput, we expect a similar, if not higher revenue. 'We are hopeful that new volumes coming from green energy and the strong performance of Sarawak Petchem, along with continued support from LNG, will help us deliver another productive year,' he said. According to the group, BPHB remains committed to advancing key infrastructure and growth initiatives such as the Borneo Oil and Gas Supply Base (BOGSB) project. The project remains remains a cornerstone of the group's ambition to position Sarawak as a regional hub for offshore energy logistics, in line with its vision to support Malaysia's energy ecosystem with integrated, future-ready logistics solutions. The group is also moving forward with initiatives to operationalise Free Zone areas at both Bintulu Port and Samalaju Industrial Port, aimed at unlocking new investment opportunities and enhancing trade facilitation. Upgrades to the Bintulu International Container Terminal (BICT) are underway to meet international standards in efficiency, agility, and sustainability. As part of its long-term sustainability strategy, BPHB is advancing the establishment of Carbon Capture and Storage (CCS) infrastructure at Bintulu Port and Samalaju Industrial Port. 'CCS-enabled hubs will play a vital role in Malaysia's decarbonisation roadmap, positioning BPHB as a key enabler of regional carbon management and sustainable energy logistics,' it said.
Yahoo
04-03-2025
- Business
- Yahoo
Bintulu Port Holdings Berhad (KLSE:BIPORT) Has Announced That It Will Be Increasing Its Dividend To MYR0.05
The board of Bintulu Port Holdings Berhad (KLSE:BIPORT) has announced that it will be paying its dividend of MYR0.05 on the 16th of April, an increased payment from last year's comparable dividend. This takes the annual payment to 2.5% of the current stock price, which unfortunately is below what the industry is paying. Check out our latest analysis for Bintulu Port Holdings Berhad Even a low dividend yield can be attractive if it is sustained for years on end. The last dividend was quite easily covered by Bintulu Port Holdings Berhad's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. The next year is set to see EPS grow by 7.9%. Assuming the dividend continues along recent trends, we think the payout ratio could be 38% by next year, which is in a pretty sustainable range. The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the annual payment back then was MYR0.24, compared to the most recent full-year payment of MYR0.15. Doing the maths, this is a decline of about 4.6% per year. Generally, we don't like to see a dividend that has been declining over time as this can degrade shareholders' returns and indicate that the company may be running into problems. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. Earnings has been rising at 3.5% per annum over the last five years, which admittedly is a bit slow. The company has been growing at a pretty soft 3.5% per annum, and is paying out quite a lot of its earnings to shareholders. This isn't necessarily bad, but we wouldn't expect rapid dividend growth in the future. Overall, it's great to see the dividend being raised and that it is still in a sustainable range. While the payout ratios are a good sign, we are less enthusiastic about the company's dividend record. The payment isn't stellar, but it could make a decent addition to a dividend portfolio. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. As an example, we've identified 1 warning sign for Bintulu Port Holdings Berhad that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
