September 25, 2016 2:10 PM ET

Marine

Company Overview of Shin Yang Shipping Corporation Berhad

Company Overview

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

Kuala Baram

Miri,  98100

Malaysia

Phone:

60 8 542 8399

Fax:

60 8 542 1428

Key Executives for Shin Yang Shipping Corporation Berhad

Shin Yang Shipping Corporation Berhad does not have any Key Executives recorded.

Shin Yang Shipping Corporation Berhad Key Developments

Shin Yang Shipping Corporation Berhad Appoints Vincent Ling Lu Yew as Executive Director

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

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

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.

Similar Private Companies By Industry

Company Name Region
Austbulk Shipping Sdn Bhd Asia
AWH Equity Holdings Sdn Bhd Asia
CargoLoad Sdn Bhd Asia
Cheang Fong Marine Sdn Bhd Asia
ECL (Malaysia) Sdn Bhd Asia

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 Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ 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
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. 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 Shin Yang Shipping Corporation Berhad, please visit www.syshippingcorp.com.my. 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.