Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 04, 2015 8:23 AM ET

Distributors

Company Overview of Solid Automotive Berhad

Company Overview

Solid Automotive Berhad, an investment holding company, engages in the trading and distribution of automotive parts and components in Malaysia, Singapore, the Middle East, Africa, and internationally. The company conducts its operations through Automotive Electrical Parts, Automotive Engine and Mechanical Parts, and Others segments. It is involved in the trading and distribution of automotive electrical parts and components, automotive engines, and mechanical parts and components. The company also remanufactures and assembles automotive alternators and starters. Solid Automotive Berhad provides 18 in-house brands, approximately 100 third party brands, and approximately 7,000 SKU items. The c...

No. 5, Jalan Dataran 5

Taman Kempas

Johor Bahru,  81200

Malaysia

Founded in 1982

Phone:

60 7 238 1782

Fax:

60 7 238 9073

Key Executives for Solid Automotive Berhad

Solid Automotive Berhad does not have any Key Executives recorded.

Solid Automotive Berhad Key Developments

Solid Automotive Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended April 30, 2015

Solid Automotive Berhad announced unaudited consolidated earnings results for the fourth quarter and year ended April 30, 2015. For the quarter, the company reported revenue of MYR 31.057 million compared to MYR 28.262 million a year ago. Profit from operations was MYR 3.081 million compared to MYR 3.306 million a year ago. Profit before tax was MYR 2.881 million compared to MYR 3.187 million a year ago. Profit attributable to owners of the parent was MYR 1.909 million or 1.27 sen per basic share compared to MYR 2.253 million or 1.50 sen per basic share a year ago. The decrease in profit before tax compared to the corresponding quarter in the preceding year is due to the lower overall margin and higher operating expenses in the current quarter despite the higher revenue achieved in the current quarter. For the year, the company reported revenue of MYR 133.282 million compared to MYR 118.081 million a year ago. Profit from operations was MYR 13.964 million compared to MYR 12.912 million a year ago. Profit before tax was MYR 13.256 million compared to MYR 10.925 million a year ago. Profit attributable to owners of the parent was MYR 9.518 million or 6.35 sen per basic share compared to MYR 7.455 million or 5.44 sen per basic share a year ago. Net cash from operating activities was MYR 6.028 million compared to MYR 1.402 million a year ago. Purchase of property, plant and equipment was MYR 8.365 million compared to MYR 4.683 million a year ago.

Solid Automotive Berhad Proposes Final Single Tier Dividend for the Financial Year Ending April 30, 2015; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended April 30, 2015

The board of directors of Solid Automotive Berhad has proposed a final single tier dividend of 2.0 sen per ordinary share for the financial year ending April 30, 2015 subject to the approval of the shareholders at the forthcoming annual general meeting. The company announced unaudited consolidated earnings results for the fourth quarter and year ended April 30, 2015. For the quarter, the company reported revenue of MYR 31.057 million compared to MYR 28.262 million a year ago. Profit from operations was MYR 3.081 million compared to MYR 3.306 million a year ago. Profit before tax was MYR 2.881 million compared to MYR 3.187 million a year ago. Profit attributable to owners of the parent was MYR 1.909 million or 1.27 sen per basic share compared to MYR 2.253 million or 1.50 sen per basic share a year ago. The decrease in profit before tax compared to the corresponding quarter in the preceding year is due to the lower overall margin and higher operating expenses in the current quarter despite the higher revenue achieved in the current quarter. For the year, the company reported revenue of MYR 133.282 million compared to MYR 118.081 million a year ago. Profit from operations was MYR 13.964 million compared to MYR 12.912 million a year ago. Profit before tax was MYR 13.256 million compared to MYR 10.925 million a year ago. Profit attributable to owners of the parent was MYR 9.518 million or 6.35 sen per basic share compared to MYR 7.455 million or 5.44 sen per basic share a year ago. Net cash from operating activities was MYR 6.028 million compared to MYR 1.402 million a year ago. Purchase of property, plant and equipment was MYR 8.365 million compared to MYR 4.683 million a year ago.

Solid Automotive Berhad Announces Interim Dividend to the Financial Year Ended Apr. 30, 2015, Payable on May 27, 2015

Solid Automotive Berhad announced single tier interim dividend of 1 sen per ordinary share of MYR 0.50 each to the financial year ended Apr. 30, 2015, payable on May 27, 2015.

Similar Private Companies By Industry

Company Name Region
Yamakawa (M) Sdn Bhd Asia
Fashion Way Sdn. Bhd. Asia
Panasonic Malaysia Sdn. Bhd. Asia
QL International Pte. Ltd. Asia
LCC Distribution Sdn Bhd Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Solid Automotive Berhad, please visit www.solidautomotive.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.