Commercial Services and Supplies
Company Overview of Cypark Resources Berhad
Cypark Resources Berhad, an investment holding company, provides integrated renewable energy and environment engineering services in Malaysia. The company operates in Environmental Engineering, Landscaping and Infrastructure, Maintenance, and Renewable Energy segments. It offers integral turnkey contract services, management services, and planning and design services for external built environment, including the landscape infrastructure, public amenities, tourism development, nature conservation and environmental amelioration, and landscape infrastructure works, as well as plant materials sourcing, transportation conditioning, and installation of plant materials at site. The company also pro...
Phileo Damansara II
Unit 13A-09, Block A
No. 15, Jalan 16/11
Petaling Jaya, 46350
Founded in 1999
Key Executives for Cypark Resources Berhad
Cypark Resources Berhad does not have any Key Executives recorded.
Cypark Resources Berhad Key Developments
Cypark Resources Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 31, 2015
Sep 30 15
Cypark Resources Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2015. For the quarter, the company reported revenue of MYR 61,443,686 against MYR 67,798,589 a year ago. Operating profit was MYR 18,486,804 against MYR 17,285,087 a year ago. Profit before tax was MYR 14,519,129 against MYR 12,874,035 a year ago. Profit net of tax, representing total comprehensive income attributable to owners of the parent was MYR 12,244,920 or 5.87 cents per diluted share against MYR 12,145,239 or 6.42 cents per diluted share a year ago. The Group's revenue decreased mainly due to the slower progress in the environmental engineering projects. Despite the decrease in revenue, the profit before tax increased by MYR 1.6 million. This was mainly attributed to the reduction of actual costs as a result of late delivery compensation sum imposed on the contractors.
For the nine months, the company has posted revenue of MYR 196,113,070 against MYR 189,319,491 a year ago. Operating profit was MYR 51,299,815 against MYR 46,563,572 a year ago. Profit before tax was MYR 40,351,480 against MYR 35,150,023 a year ago. Profit net of tax, representing total comprehensive income attributable to owners of the parent was MYR 35,326,766 or 16.95 cents per diluted share against MYR 33,526,602 or 17.73 cents per diluted share a year ago. Net cash flows generated from operating activities were MYR 90,741,544 against MYR 56,797,047 a year ago. Purchase of plant and equipment was MYR 1,866,610 against MYR 1,167,999 a year ago.
Cypark Plans Investment of More Than MYR 500 Million over Next Three Years
Aug 23 15
Cypark Resources Bhd plans to increase its investment to more than MYR 500 million in a number of projects over the next three years. The figure would make Cypark's investments in green technology and renewable energy exceed RM1 billion since its inception in 1999. Cypark had invested more than MYR 80 million in 27 acres with solar panels exceeding 25,000 and which could generate solar energy of 7 MW per hour. The pilot project related to this was implemented at the Centre for Solar Research and Excellence Cypark in Pajam, Negeri Sembilan, over five acres three years ago.
Cypark Resources Berhad reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended April 30, 2015
Jun 30 15
Cypark Resources Berhad reported unaudited consolidated earnings results for the second quarter and six months ended April 30, 2015. For the quarter, revenue was MYR 72,951,883 against MYR 68,917,373 a year ago. Operating profit was MYR 19,458,806 against MYR 17,484,437 a year ago. Profit before tax was MYR 16,122,924 against MYR 14,182,435 a year ago. Profit, net of tax and total comprehensive income for the year, attributable to owners of the parent was MYR 14,545,797 or 7.04 sen per diluted share against MYR 13,649,138 or 7.08 sen per diluted share a year ago. The increase in revenue was mainly contributed by the increase in sale of renewable energy due to better weather and the commencement of the Phase 2 works of the environmental engineering project. The profit before tax increased mainly due to higher revenue generated and savings achieved in finance costs in current quarter as compared to the immediate preceding quarter.
For the six months, revenue was MYR 132,874,149 against MYR 120,380,902 a year ago. Operating profit was MYR 32,813,011 against MYR 29,278,484 a year ago. Profit before tax was MYR 25,832,351 against MYR 22,275,987 a year ago. Profit, net of tax and total comprehensive income for the year, attributable to owners of the parent was MYR 23,081,846 or 11.18 sen per diluted share against MYR 21,381,362 or 11.09 sen per diluted share a year ago. Net cash flows generated from operating activities was MYR 67,164,878 against MYR 15,104,927 a year ago. Purchase of plant and equipment was MYR 911,279 against MYR 803,900 a year ago. Additions to intangible assets were MYR 71,745,697 against MYR 78,010,324 a year ago. Net assets per share attributable to ordinary equity holders of the company were MYR 1.57 as at April 30, 2015 against MYR 1.45 as at October 31, 2014.
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