Shin Yang Shipping Corporation Berhad, an investment holding company, provides shipping services in Malaysia. The company transports loose bulk and container cargoes, such as timber logs, sawn timber, plywood, quarry, cement, glue, lubricants, project cargoes, car containers, timber products, light equipment, heavy machinery, vehicles, metal plates, steel products, flour, spare parts, and other cargoes; and general cargoes, including machineries, timber and steel products, and other cargoes. It manages and operates tug boats, barges, container vessels, crew boats, oil tankers, landing crafts, and cargo vessels. The company operates a fleet of 295 vessels with a total gross registered tonnage...
Sub Lot 153 (Parent Lot 70)
Jalan Kuala Baram
Shin Yang Shipping Corporation Berhad Appoints Vincent Ling Lu Yew as Executive Director
Sep 5 16
Shin Yang Shipping has appointed Vincent Ling Lu Yew as Executive Director. The effective date is September 02. Mr. Vincent joined Shin Yang Shipyard Sdn Bhd, Shin Yang Shipping Corporation Berhad's wholly owned subsidiary in 2007 as Operation Manager and was appointed as Director of Shin Yang Shipyard Sdn Bhd in March 2010.
Shin Yang Shipping Corporation Berhad Appoints Encik Arshad Bin Zainuddin as Independent and Non Executive Director
Sep 2 16
Shin Yang Shipping Corporation Berhad appointed Encik Arshad Bin Zainuddin as Independent and Non Executive Director, effective September 2, 2016. He is currently the HSE manager in Citra Alti Sdn Bhd, who in charge of HSE for all project sites including new projects in Malaysia.
Shin Yang Shipping Corporation Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2016
Aug 23 16
Shin Yang Shipping Corporation Berhad reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2016. For the quarter, the company reported revenue of MYR 220,034,000 against MYR 160,199,000 a year ago. Operating profits was MYR 11,042,000 against MYR 8,128,000 a year ago. Loss before tax was MYR 8,879,000 against MYR 4,758,000 a year ago. Loss attributable to equity holders of the parent was MYR 1,743,000 against MYR 8,137,000 a year ago. Basic and diluted loss per share was 0.15 sen against 0.68 sen a year ago.
For the year, the company reported revenue of MYR 723,686,000 against MYR 911,370,000 a year ago. Operating profits was MYR 59,839,000 against MYR 71,389,000 a year ago. Profit before tax was MYR 3,995,000 against MYR 14,611,000 a year ago. Profit attributable to equity holders of the parent was MYR 7,692,000 against MYR 5,035,000 a year ago. Basic and diluted earnings per share were 0.64 sen against 0.42 sen a year ago. Net cash generated from operating activities was MYR 146,339,000 against MYR 201,148,000 a year ago. Capital expenditure was MYR 125,347,000 against MYR 81,635,000 a year ago.