Latest news with #TMKChemicalBhd
The Star
27-05-2025
- Business
- The Star
TMK Chemical first-quarter earnings at RM21mil
PETALING JAYA: TMK Chemical Bhd is staying cautious over its outlook for this year, saying that its performance may be influenced by several key challenges, including the impact of policies from the United States that affect global trade and international relations. The group said these factors are expected to contribute to volatility in the pricing of inorganic chemicals across both domestic and international markets. Releasing its results for the first quarter ended March (1Q25) yesterday, TMK posted a net profit of RM20.8mil on the back of a revenue of RM258mil. TMK provides a range of chemical manufacturing, distribution, storage and logistics services. As the group was only listed on the Main Market of Bursa Malaysia last Dec 12, there was no corresponding year-on-year quarter with which to compare its performance, although the group did report that its total chemical-management segment accounted for 98.6% of the quarterly turnover. Compared with the preceding three months ended Dec 31 (4Q24), net profit saw a 9.2% dip from RM22.9mil, as revenue declined by 12.2%. TMK pointed to lower sales volumes during 1Q25 as primary reason for the decrease. The group's earnings per share for 1Q25 stood at 2.08 sen. In a filing with Bursa Malaysia, TMK said additional challenges going forward include fluctuating market demand and supply conditions, ongoing global geopolitical conflict, recessionary risks, and exchange rate fluctuations involving the US dollar, Singapore dollar, and the Vietnamese dong. 'The group also faces intense market competition. In response, we remain committed to enhancing productivity and strengthening supply chain resilience to better withstand these external, uncontrollable factors,' TMK said in its filing.
Yahoo
28-04-2025
- Business
- Yahoo
TMK Chemical Bhd Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: RM1.30b (flat on FY 2023). Net income: RM111.4m (up 21% from FY 2023). Profit margin: 8.5% (up from 7.0% in FY 2023). EPS: RM0.50. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates. The primary driver behind last 12 months revenue was the Provision of Chemical Management segment contributing a total revenue of RM1.48b (113% of total revenue). Notably, cost of sales worth RM1.06b amounted to 81% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to RM52.6m (40% of total expenses). Explore how TMK's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Chemicals industry in Malaysia. Performance of the Malaysian Chemicals industry. The company's shares are down 2.7% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on TMK Chemical Bhd's balance sheet health. 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
Yahoo
12-03-2025
- Business
- Yahoo
TMK Chemical Bhd (KLSE:TMK) insiders have significant skin in the game with 67% ownership
TMK Chemical Bhd's significant insider ownership suggests inherent interests in company's expansion 61% of the business is held by the top 2 shareholders Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock A look at the shareholders of TMK Chemical Bhd (KLSE:TMK) can tell us which group is most powerful. The group holding the most number of shares in the company, around 67% to be precise, is individual insiders. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). So, insiders of TMK Chemical Bhd have a lot at stake and every decision they make on the company's future is important to them from a financial point of view. Let's delve deeper into each type of owner of TMK Chemical Bhd, beginning with the chart below. Check out our latest analysis for TMK Chemical Bhd Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them. There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. Alternatively, there might be something about the company that has kept institutional investors away. TMK Chemical Bhd might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely. Hedge funds don't have many shares in TMK Chemical Bhd. Our data shows that Yan Lee is the largest shareholder with 50% of shares outstanding. For context, the second largest shareholder holds about 12% of the shares outstanding, followed by an ownership of 4.6% by the third-largest shareholder. Interestingly, the bottom two of the top three shareholders also hold the title of Senior Key Executive and Member of the Board of Directors, respectively, suggesting that these insiders have a personal stake in the company. To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. It seems that insiders own more than half the TMK Chemical Bhd stock. This gives them a lot of power. That means they own RM829m worth of shares in the RM1.2b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling. The general public, who are usually individual investors, hold a 33% stake in TMK Chemical Bhd. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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
