Latest news with #KimTeckCheongConsolidatedBerhad
Daily Express
a day ago
- Business
- Daily Express
KTC to build RM100 million industrial park at KKIP
Published on: Wednesday, June 11, 2025 Published on: Wed, Jun 11, 2025 Text Size: KOTA KINABALU: Kim Teck Cheong Consolidated Berhad (KTC) has acquired RM40 million worth of land at Kota Kinabalu Industrial Park to develop its largest integrated operations, logistics, and manufacturing hub. The KTC Industrial Park will expand the company's operational base by 40 per cent and is projected to boost annual revenue to between RM1.5 billion and RM1.6 billion. Advertisement KTC Executive Director Datuk Dexter Lau (pic) said the development will enhance warehousing, transportation, and supply chain infrastructure to serve markets in Sabah, Sarawak, Brunei, and Indonesia. Construction of the RM100 million project will begin soon, with 500 new jobs expected, prioritising employment for locals from underprivileged backgrounds. Lau also announced a RM10 million investment in Sarawak and confirmed KTC has surpassed RM1 billion in revenue, aiming to grow its East Malaysia business by 50 per cent in the next three years. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Borneo Post
a day ago
- Business
- Borneo Post
KTC acquires RM40 million land at KKIP to develop largest integrated hub
Dexter Lau KOTA KINABALU (June 11): Kim Teck Cheong Consolidated Berhad (KTC), a leading fast-moving consumer goods distributor in East Malaysia, has successful acquired land valued at RM40 million at Kota Kinabalu Industrial Park (KKIP) for the development of KTC Industrial Park, the Group's largest integrated hub for operations, logistics and manufacturing. The latest investment is poised to expand KTC's existing operational base by 40 percent, while revenue is expected to surge by extra 50 percent. This strategic move will drive the KTC's annual turnover to the tune of RM1.5 billion to RM1.6 billion, further solidifying its position as a leading company in Sabah, East Malaysia and Borneo Island. KTC Executive Director Datuk Dexter Lau said this strategic investment marks a significant milestone in the group's long-term growth strategy and is set to support its expansions over the next five years. The newly acquired land is situated in a high-growth industrial zone and will serve as the foundation for KTC's future developments in warehousing, logistics infrastructure, transportation fleet, and operational facilities. This expansion is expected to enhance operational efficiency, streamline supply chain capabilities, and further strengthen the Group's presence in both existing and new markets across Malaysia. The KTC Industrial Park is set to become one of the largest FMCG distribution centres in the region, designed to efficiently serve markets across Sabah, Sarawak, Brunei and Indonesia. 'This investment is a strategic move that position us for sustainable growth. As we continue to upscale our operations, this land will provide the space and infrastructure needed to meet growing demand to serve our business partners effectively,' said Lau. He emphasized that the acquisition is aligned with KTC's mission to build long-term value through operational excellence and strategic foresight. The new KTC Industrial Park will significantly enhance the Group's logistics capabilities, enabling it to meet the increasing demand for FMCG products across multiple regions. 'This development not only reflects our commitment to operational excellence and regional economic growth, but is also expected to create job opportunities and drive the expansion of a broader supply chain ecosystem in East Malaysia and surrounding regions.' Lau also revealed KTC has already surpassed RM1 billion in revenue as of June this year, and is continuing on a strong growth trajectory. He shared that KTC's total operational area currently spans 500,000 square feet. With the development of the KTC Industrial Park on the newly acquired 15-acre land in KKIP, the Group's operational base will increase significantly by 40 percent, while its revenue is projected to grow to RM1.5 billion to RM1.6 billion. 'We will begin construction of the KTC Industrial Park in KKIP as soon as possible, with a total investment of RM100 million. 'The industrial park is expected to create 500 new jobs. We will prioritize on hiring locals from disadvantaged backgrounds to support the government's poverty eradication efforts.' Lau also disclosed that the KTC Board of Directors has approved an additional RM10 million investments in Sarawak in the same period. As a result, KTC's revenue is expected to grow by an overall of 50 per cent in East Malaysia – 40 percent in Sabah and 10 percent in Sarawak – over the next two to three years. As a Main Market listed company on Bursa Malaysia, KTC currently has a workforce of 2,000 across Sabah, Sarawak, Brunei and Peninsular Malaysia, and remains one of the leading companies in Sabah.
Yahoo
21-05-2025
- Business
- Yahoo
Kim Teck Cheong Consolidated Berhad Third Quarter 2025 Earnings: EPS: RM0.004 (vs RM0.007 in 3Q 2024)
Revenue: RM293.7m (up 9.3% from 3Q 2024). Net income: RM2.44m (down 45% from 3Q 2024). Profit margin: 0.8% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. EPS: RM0.004 (down from RM0.007 in 3Q 2024). We've discovered 3 warning signs about Kim Teck Cheong Consolidated Berhad. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Kim Teck Cheong Consolidated Berhad's share price is broadly unchanged from a week ago. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Kim Teck Cheong Consolidated Berhad (1 doesn't sit too well with us) you should be aware of. 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
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
Borneo Post
11-05-2025
- Business
- Borneo Post
KTC discards RM300,000 bread products amid gas supply disruption
The KTC factory in KKIP that was affected. KOTA KINABALU (May 11): Kim Teck Cheong Consolidated Berhad (KTC) has taken swift action to uphold food safety following a recent gas supply disruption from Sabah Energy Corporation (SEC) at the Kota Kinabalu Industrial Park (KKIP). The disruption, which occurred on Saturday night, caused irregular gas pressure that jammed and damaged KTC's key production machinery. As a result, bread products valued at approximately RM300,000 had to be discarded. Although the affected products may still be safe for consumption, KTC has chosen to err on the side of caution. 'Our Executive Director, Datuk Dexter Lau, instructed immediate measures to ensure that no potentially compromised products reach our consumers,' said Normala Othman, General Manager of Gardenia Bakeries (East Malaysia). 'Consumer safety is our top priority. While this decision does impact our operations and finances, it is necessary to uphold our standards of quality and safety. We are disposing of all affected products and raw materials and will restart production to ensure our offerings meet the highest standards,' she said in a statement on Sunday. Normala expressed appreciation for the public's understanding and support. 'We seek the kind understanding of our loyal consumers as we work through this challenge. We expect to resume operations and product supply within the next two days and are working diligently to resolve the issues.' She further assured, 'At KTC, food safety is our highest priority. No matter what product we produce or what business we are in, the same high standards will apply. If it carries the KTC name, the rakyat can trust it is safe and of the best quality.
