Latest news with #OMHoldingsLimited
Borneo Post
11 hours ago
- Business
- Borneo Post
OM Holdings secures spot on Fortune Southeast Asia 500 list for second year
The company's flagship smelting facility in Sarawak remains one of the largest and most cost-efficient in the region outside China, supporting its competitive edge. KUALA LUMPUR (June 19): OM Holdings Limited (OMH), an international manganese and silicon smelting group, has once again made it onto the Fortune Southeast Asia 500 list, ranking 378th this year. This marks the second consecutive year the company has been included in the prestigious list, which recognises the top-performing companies in the region based on annual revenue. 'The company's continued inclusion on the Fortune Southeast Asia 500 list is a strong validation of its scale, resilience and sustained operating and financial performance, amid a period of elevated market volatility since 2024,' it said in a statement on Tuesday. OMH executive chairman and CEO Low Ngee Tong said the recognition affirms the consistency of the company's strategy and operational discipline, particularly during a year where the ferroalloy markets experienced significant pricing swings and cost pressures. 'In 2024, we operated in an environment marked by sharp manganese alloy price movements, regulatory shifts in China impacting ferrosilicon trade, and broader macroeconomic headwinds. Through it all, our team remained focused on cost control, procurement discipline, and production optimisation. 'These efforts enabled us to deliver record production volumes, remain profitable, and continue creating long-term shareholder value,' he said. For the financial year ended Dec 31, 2024, the group recorded revenue of US$654.3 million, an increase of 11 per cent from the previous year. It sold over 500,000 tonnes of ferrosilicon and silicomanganese. Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at US$76.0 million, with net profit after tax at US$9.7 million. OMH also declared a final dividend of A$0.004 per share. The company's flagship smelting facility in Sarawak remains one of the largest and most cost-efficient in the region outside China, supporting its competitive edge. OMH also maintains a trading and marketing presence in Singapore, Japan, and China, and owns a manganese asset in Australia targeted for ultra-fines processing. The Fortune Southeast Asia 500 list, launched in June 2024, highlights the region's top companies based on revenue. corporate news Fortune Southeast Asia 500 OM Holdings Limited
Yahoo
18-03-2025
- Business
- Yahoo
ASX Penny Stock Spotlight: OM Holdings Among 3 Noteworthy Picks
As the ASX 200 futures point to a promising gain and gold reaches unprecedented highs, investors are keeping a close eye on market movements amidst global economic developments. In such a climate, penny stocks—though an older term—remain relevant as they often represent smaller or newer companies with potential for growth. This article will explore three noteworthy penny stocks that stand out due to their financial resilience and potential opportunities in the current market landscape. Name Share Price Market Cap Financial Health Rating EZZ Life Science Holdings (ASX:EZZ) A$1.575 A$74.3M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.19 A$151.37M ★★★★★★ Regal Partners (ASX:RPL) A$2.87 A$962.59M ★★★★★★ GTN (ASX:GTN) A$0.61 A$119.79M ★★★★★★ IVE Group (ASX:IGL) A$2.28 A$353.15M ★★★★★☆ CTI Logistics (ASX:CLX) A$1.615 A$125.99M ★★★★☆☆ MotorCycle Holdings (ASX:MTO) A$1.88 A$138.76M ★★★★★★ NRW Holdings (ASX:NWH) A$2.82 A$1.29B ★★★★★☆ Accent Group (ASX:AX1) A$1.805 A$1.02B ★★★★☆☆ SHAPE Australia (ASX:SHA) A$2.98 A$246.56M ★★★★★★ Click here to see the full list of 983 stocks from our ASX Penny Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: OM Holdings Limited is an investment holding company involved in the mining, smelting, trading, and marketing of manganese ores and ferroalloys globally, with a market cap of A$248.41 million. Operations: The company's revenue is primarily derived from its Smelting segment, which generated $528.01 million, and its Marketing and Trading segment, with $675.00 million in revenue. Market Cap: A$248.41M OM Holdings Limited, with a market cap of A$248.41 million, has shown mixed performance in recent times. Despite a forecasted earnings growth of 21.02% per year, the company's net profit margin decreased to 1.4% from last year's 3.1%. Recent earnings results for 2024 showed sales of US$654.27 million but a drop in net income to US$9.3 million from US$18.14 million the previous year, reflecting challenges in profitability despite revenue growth. The company maintains satisfactory debt levels with its net debt to equity ratio at 38.1%, and its short-term assets exceed both short-term and long-term liabilities significantly. Unlock comprehensive insights into our analysis of OM Holdings stock in this financial health report. Gain insights into OM Holdings' future direction by reviewing our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Wagners Holding Company Limited produces and sells construction materials across Australia, the United States, New Zealand, the United Kingdom, PNG, and Malaysia with a market cap of A$306.76 million. Operations: Wagners Holding generates revenue from four main segments: Construction Materials (A$235.11 million), Project Services (A$146.75 million), Composite Fibre Technology (A$63.02 million), and Earth Friendly Concrete (A$0.11 million). Market Cap: A$306.76M Wagners Holding, with a market cap of A$306.76 million, has demonstrated robust earnings growth, increasing by 195.5% over the past year and surpassing the industry average. Despite a decline in sales to A$225.38 million for H1 2025 from A$264.6 million the previous year, net income rose significantly to A$12.34 million from A$2.81 million. The company's debt management is strong, with its net debt to equity ratio at a satisfactory 13.9%, though long-term liabilities exceed short-term assets by a notable margin of approximately A$52.7 million, indicating potential financial challenges ahead despite recent profit improvements. Take a closer look at Wagners Holding's potential here in our financial health report. Assess Wagners Holding's future earnings estimates with our detailed growth reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Wellard Limited operates in the supply of livestock and livestock vessels across Australia, Singapore, Brazil, and other international markets with a market cap of A$90.31 million. Operations: The company generates revenue primarily through its Chartering segment, which accounts for $31.06 million. Market Cap: A$90.31M Wellard Limited, with a market cap of A$90.31 million, recently reported a decline in sales to US$14.12 million for the half year ending December 2024 from US$17.99 million the previous year, resulting in a net loss of US$2.3 million compared to prior net income. Despite being unprofitable, Wellard has reduced its losses over five years by 14% annually and maintains sufficient cash runway exceeding three years without debt obligations. The company's short-term assets comfortably cover both short- and long-term liabilities; however, its share price remains highly volatile compared to other Australian stocks. Click to explore a detailed breakdown of our findings in Wellard's financial health report. Assess Wellard's previous results with our detailed historical performance reports. Jump into our full catalog of 983 ASX Penny Stocks here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This 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. Companies discussed in this article include ASX:OMH ASX:WGN and ASX:WLD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
