September 21, 2017 2:38 PM ET

Trading Companies and Distributors

Company Overview of PS Group Holdings Ltd.

Company Overview

PS Group Holdings Ltd., an investment holding company, imports and exports fasteners. The company offers washers, socket screws, bolts, machine screws, nuts, pins, clips, rivets, recoil products, anchors, etc. It serves infrastructure development, civil engineering, and automotive industries in Indonesia, Malaysia, Singapore, and internationally. PS Group Holdings Ltd. was founded in 1991 and is based in Singapore.

No. 01-03, 9 Tampines Industrial Drive

Singapore,  528543

Singapore

Founded in 1991

Phone:

65 6747 7080

Fax:

65 6742 0642

Key Executives for PS Group Holdings Ltd.

Co-Founder, MD & Executive Director
Age: 60
Total Annual Compensation: $376.4K
Co-Founder & Executive Chairman
Age: 62
Total Annual Compensation: $444.5K
Compensation as of Fiscal Year 2016.

PS Group Holdings Ltd. Key Developments

PS Group Holdings Ltd. Announces Address Change

The board of directors of PS Group Holdings Ltd. announced that with effect from 7 August 2017, the registered office of the company has been relocated to 9 Tampines Industrial Drive #01-03 Singapore 528543.

PS Group Holdings Ltd. Reports Unaudited Earnings Results for the Six Months Ended June 30, 2017

PS Group Holdings Ltd. reported unaudited earnings results for the six months ended June 30, 2017. For the six months, the company's revenue was SGD 5,598,385 against SGD 5,684,522 a year ago. The decrease in revenue was mainly due to the absence in first half of 2017 of a bulk sales to a customer of SGD 156,000 in first half of 2016 and lower sales to customers in one of the major markets in which the group's customers operate of SGD 116,000, mainly as a result of the Hari Raya festivities occurring in the month of June in 2017 vis-a-vis the month of July in 2016. This was offset by an increase in revenue contribution from the company's subsidiary, PS Components Pte. Ltd. of SGD 211,000. Loss before taxation was SGD 297,735 against SGD 79,215 a year ago. Loss was SGD 297,735 against SGD 91,571 a year ago. Loss attributable to owners of the company was SGD 294,096 or 0.43 cents per fully diluted share against SGD 86,641 or 0.13 cents per fully diluted share a year ago. Net cash flows used in operating activities were SGD 515,484 against net cash flows from operating activities of SGD 177,670 a year ago. Purchase of property, plant and equipment was SGD 56,185 against SGD 6,369 a year ago.

Ps Group Holdings Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2016

PS Group Holdings Ltd. announced audited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported revenue of $11,272,677 as compared to $11,071,314 for the same period last year. The increase in revenue was mainly attributable to the increase in revenue contribution from PSC, which had commenced operations in April 2015 and which is engaged in the trading and wholesale of fasteners with a focus on the end-user market. Loss before tax was $231,236 as compared to $309,849 for the same period last year. Loss attributable to owners of the company was $228,323 or basic and diluted loss per unit was 0.34 cents as compared to $309,483 basic and diluted loss per unit was 0.46 cents for the same period last year. Net cash flows generated from operating activities was $601,997 as compared to net cash flows generated used in operating activities of $552,518. Purchase of property, plant and equipment was $178,069 as compared to $23,449 for the same period last year.

Recent Private Companies Transactions

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

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

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
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact PS Group Holdings Ltd., please visit www.psfasteners.com. Company data is provided by S&P Global Market Intelligence. 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.