Latest news with #KTC
Time of India
27-05-2025
- Time of India
Every day, at least one life lost in road accident in Goa: CM
Panaji: Every day in Goa, at least one person loses their life in a road accident—a statistic that totals over 300 deaths annually, said chief minister Pramod Sawant during the launch of the Driver Sensitisation Tab Lab at the regional transport office (RTO) near the KTC bus stand in Panaji. The directorate of transport on Tuesday introduced the 'Wrong Side of the Road' project, a 45-minute module designed to offer a reflective learning experience through video-based content. Sawant announced that completing this module will soon be mandatory for all individuals applying for new or renewed driving licences in Goa. Each lab offers a modern, interactive platform for drivers to engage with the learning materials. 'We were afraid of coronavirus and were careful about Covid-19 protocol, but we are not afraid of and careful about accidents,' Sawant said.
Yahoo
20-05-2025
- Business
- Yahoo
Investors Could Be Concerned With Kim Teck Cheong Consolidated Berhad's (KLSE:KTC) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. However, after investigating Kim Teck Cheong Consolidated Berhad (KLSE:KTC), we don't think it's current trends fit the mold of a multi-bagger. We've discovered 3 warning signs about Kim Teck Cheong Consolidated Berhad. View them for free. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Kim Teck Cheong Consolidated Berhad: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = RM30m ÷ (RM475m - RM221m) (Based on the trailing twelve months to December 2024). Therefore, Kim Teck Cheong Consolidated Berhad has an ROCE of 12%. That's a relatively normal return on capital, and it's around the 13% generated by the Consumer Retailing industry. Check out our latest analysis for Kim Teck Cheong Consolidated Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Kim Teck Cheong Consolidated Berhad. When we looked at the ROCE trend at Kim Teck Cheong Consolidated Berhad, we didn't gain much confidence. To be more specific, ROCE has fallen from 16% over the last five years. However, given capital employed and revenue have both increased it appears that the business is currently pursuing growth, at the consequence of short term returns. And if the increased capital generates additional returns, the business, and thus shareholders, will benefit in the long run. On a related note, Kim Teck Cheong Consolidated Berhad has decreased its current liabilities to 47% of total assets. So we could link some of this to the decrease in ROCE. What's more, this can reduce some aspects of risk to the business because now the company's suppliers or short-term creditors are funding less of its operations. Some would claim this reduces the business' efficiency at generating ROCE since it is now funding more of the operations with its own money. Either way, they're still at a pretty high level, so we'd like to see them fall further if possible. In summary, despite lower returns in the short term, we're encouraged to see that Kim Teck Cheong Consolidated Berhad is reinvesting for growth and has higher sales as a result. However, despite the promising trends, the stock has fallen 17% over the last five years, so there might be an opportunity here for astute investors. So we think it'd be worthwhile to look further into this stock given the trends look encouraging. One final note, you should learn about the 3 warning signs we've spotted with Kim Teck Cheong Consolidated Berhad (including 1 which can't be ignored) . While Kim Teck Cheong Consolidated Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
19-05-2025
- Business
- Time of India
‘Mhaji Bus scheme to ease rivalry between pvt & KTC buses'
Panaji: The state-wide roll out of the Mhaji Bus scheme has the potential to reduce the competition between private bus operators and Kadamba Transport Corporation Limited (KTCL) buses, said KTCL managing director Rohan Kaskar. With just over 800 private buses operating on intra-state routes in Goa, Kaskar said that govt hopes to bring most of these buses under the scheme. 'Currently, the routes overlap, and there is competition and a distinction between private and KTC buses. Commuters with a monthly pass can board any bus. In this way, when there is a clash between private buses and KTCL buses , we can reschedule the timings and deploy a bus on a different route or at a different time when a bus is not available,' said Kaskar. He said that fear among the private bus operators was unfounded, as the incentives offered to them are attractive. KTCL is offering a revenue of Rs 3 per km to private bus operators, along with subsidies on comprehensive insurance and scrapping of the vehicle after 15 years of operations. KTCL is also offering 50% of the advertising revenue earned from each private bus to be shared with the respective bus owner. 'The earlier scheme was a pilot scheme available only for three routes. We operated 57 buses under the pilot scheme. It was introduced to understand the scheme before it was rolled out more extensively. We learned from the pilot scheme and developed the new scheme. The new scheme is for all of Goa,' said Kaskar.
Time of India
17-05-2025
- Automotive
- Time of India
Mhaji Bus Scheme revamped, but sops aggrieve pvt operators
Panaji: Goa govt has relaunched the Mhaji Bus Scheme with some changes. To be implemented by the directorate of transport and Kadamba Transport Corporation (KTC), the scheme offers several forms of support to bus operators. But on Friday, private bus operators voiced their displeasure at being excluded from the decision-making process. The approximately 1,120 bus operators in the state are planning to meet on Sunday to discuss their grievances and prepare a list of demands they want included in the Mhaji Bus Scheme. As of now, the revised incentives include a subsidy per kilometre, wherein bus operators will receive a subsidy of Rs 3 per kilometre for every kilometre operated. There is also an insurance subsidy, wherein operators can avail themselves of a 50% reimbursement on the annual insurance premium, up to Rs 30,000. However, the president of the All Goa Stage Carriage Bus Owners' Association, Sudesh Kalangutkar, questioned the adequacy of the subsidy. 'Govt wants to frame policies for the transport sector without taking bus operators into confidence,' he said. 'Diesel rates are extreme today, how can Rs 3 per kilometre be enough for us?' The relaunched scheme offers a bus replacement option, wherein operators who need to replace buses older than 15 years will receive assistance of Rs 10 lakh to purchase a new bus with a minimum seating capacity of 27. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cost Of Amusement Park Equipment From Mexico Might Surprise You - See Tips Amusement Park Equipment | search ads Click Here Undo But Kalangutkar said that several private buses remain off the roads, unable to resume operations after the Covid pandemic. 'Govt should first consider helping operators by bringing these buses back on the roads, rather than introducing new schemes that create more problems,' he said. He added, 'There are pending fuel subsidies worth Rs 18 crore, which govt is yet to release.' As for the spruced up scheme, operators will retain full fare revenue, with no obligation to remit any amount to KTC. The scheme outlines several operational norms, such as continuous operation, where operators must ensure their buses are in service for the entire year. In cases of maintenance or breakdown, operators are required to provide alternative buses. Operators must employ qualified conductors in uniform, who will be responsible for managing automatic ticketing machines on board. All buses must be equipped with a vehicle location tracking device to ensure real-time tracking and security. Additionally, the buses will be required to repaint their vehicles in KTC's branding scheme for better visibility. To benefit from the scheme, operators must submit an application to the managing director of KTC. Approved operators will be issued a letter of empanelment and will be required to sign an agreement with KTC. All buses will undergo regular inspections by the directorate of transport to ensure compliance. Private bus operators wishing to participate in the scheme must hold a valid stage carriage permit issued by an RTO in Goa. They must operate buses that are not older than 15 years at the time of registration and must maintain valid fitness certificates, comprehensive insurance, and proof of up-to-date road tax payments. Operators can earn 50% of the revenue generated from advertisements displayed on their buses. KTC's smart transit passes and cards will be accepted on all buses under the scheme. The amount collected through these passes will be reimbursed to operators.
Borneo Post
13-05-2025
- Business
- Borneo Post
Gas disruption at KTC factory, due to oven leaks, not gas supply - SEC
KOTA KINABALU (May 13): Sabah Energy Corporation Sdn Bhd (SEC) has clarified the gas supply disruption at a factory of Kim Teck Cheong Consolidated Berhad (KTC) in the Kota Kinabalu Industrial Park (KKIP) which disrupted bread production on May 10 night. SEC said that the irregularity experienced was due to an upstream/offshore interruption beyond its control, and there is no direct link between the gas supplied by SEC and the damage allegedly experienced by KTC's equipment. 'SEC's gas distribution system remained within safe operating parameters at all times,' the company said in a statement. Following the incident, SEC conducted two joint inspections with KTC's technical team and equipment supplier. 'The inspections found that the actual issue originated from multiple leaks within KTC's own oven system. SEC's sales station, pressure regulator, and pressure relief valve (PRV) were found to be functioning properly with stable pressure settings,' said SEC. SEC said the temporary isolation was a standard preventive safety measure triggered upon early suspicion of leakage, and was promptly followed by joint site verification, it added. 'We reiterate that SEC has not received any validated technical findings linking machinery damage to the integrity of our gas supply. 'While we respect KTC's internal decision to dispose of products, we reaffirm that SEC continues to uphold strict safety and quality standards, and remains committed to supporting all customers with transparency and professionalism,' said SEC. Due to the incident, KTC discarded about RM300,000 worth of bread products.
