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August 03, 2015 3:58 PM ET

Consumer Finance

Company Overview of ELK-Desa Resources Berhad

Company Overview

ELK-Desa Resources Berhad, an investment holding company, is engaged in the provision of hire-purchase financing services in Malaysia. It also operates as an insurance agent; and trades in used motor vehicles. The company is based in Kuala Lumpur, Malaysia.

No 15-17, Jalan Brunei Utara

Off Jalan Pudu Imbi

Kuala Lumpur,  55100

Malaysia

Phone:

60 3 2145 7000

Fax:

60 3 2145 8258

Key Executives for ELK-Desa Resources Berhad

Executive Director
Age: 44
Total Annual Compensation: $414.0K
Compensation as of Fiscal Year 2015.

ELK-Desa Resources Berhad Key Developments

ELK-Desa Resources Berhad Announces Final Dividend for the Financial Year Ended 31 March, 2015, Payable on 23 Sep. 2015

ELK-Desa Resources Berhad announced single tier first and final dividend of 7.5 sen per share for the financial year ended 31 March, 2015. Payment date is 23 Sep. 2015. Ex-date is 07 September 2015 and entitlement date is 09 September 2015.

Elk-Desa Resources Berhad Announces Single Tier First and Final Dividend for the Financial Year Ended March 31, 2015

ELK-Desa Resources Berhad announced that a single tier first and final dividend of 7.5 sen per ordinary share in respect of the financial year ended March 31, 2015 will be recommended to the shareholders for approval at the forthcoming 26th Annual General Meeting of ELK-Desa Resources Berhad.

ELK-Desa Resources Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

ELK-Desa Resources Berhad reported unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported revenue of MYR 14,487,279 against MYR 13,382,963 a year ago. Profit before taxation was MYR 7,166,854 against MYR 5,477,865 a year ago. Profit was MYR 5,150,659 or 2.72 sen per diluted share against MYR 3,794,695 or 3.04 sen per diluted share a year ago. For the year, the company reported revenue of MYR 57,614,579 against MYR 48,391,069 a year ago. Profit before taxation was MYR 25,485,412 against MYR 22,430,977 a year ago. Profit was MYR 18,796,391 or 10.14 sen per diluted share against MYR 16,399,944 or 13.12 sen per diluted share a year ago. Net cash used in operating activities was MYR 6,108,564 against MYR 28,698,254 a year ago. Purchase of property, plant and equipment was MYR 4,193,585 against MYR 929,639 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
February 13, 2015
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