January 19, 2017 5:30 PM ET

Chemicals

Company Overview of SIG Gases Berhad

Company Overview

SIG Gases Berhad, an investment holding company, manufactures, refills, and distributes industrial gases in Malaysia. It provides various industrial gases, including oxygen, nitrogen, argon, acetylene, carbon dioxide, hydrogen, and helium; special and purified gases, and gas mixtures; bulk liquefied gases; medical gases; and refrigerant products. The company also offers gas-related services equipment, etc., as well as gas analysis and testing services. It serves various industries, such as iron and steel, chemical, oil and gas, healthcare, pharmaceutical, electronics, food, metal fabrication, shipbuilding, manufacturing, building and construction, and other industries. In addition, the compa...

PLO137, Kawasan Perindustrian Senai III

Senai,  81400

Malaysia

Phone:

60 7 598 3863

Fax:

60 7 598 3869

Key Executives for SIG Gases Berhad

SIG Gases Berhad does not have any Key Executives recorded.

SIG Gases Berhad Key Developments

SIG Gases Berhad Reports Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended September 30, 2016; Reports Impairment Charges for the Third Quarter Ended September 30, 2016

SIG Gases Berhad reported unaudited consolidated earnings results for third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of MYR 17,567,000 against MYR 18,885,000 a year ago. Profit before tax was MYR 1,008,000 compared to MYR 5,357,000 a year ago. Profit after tax and total comprehensive income for the period was MYR 751,000 compared to MYR 5,185,000 a year ago. Total comprehensive income attributable to equity holders of the company was MYR 751,000 or 0.40 sen per basic and diluted share compared to MYR 5,185,000 or 2.77 sen per basic and diluted share a year ago. The shortfall in revenue was largely due to lower sale of acetylene gas and liquid nitrogen with the completion of project jobs. For the nine months, the company reported revenue of MYR 57,295,000 against MYR 55,793,000 a year ago. Profit before tax was MYR 6,874,000 compared to MYR 8,997,000 a year ago. Profit after tax and total comprehensive income for the period was MYR 5,354,000 or 2.86 sen per basic and diluted share compared to MYR 7,658,000 or 4.08 sen per diluted share a year ago. Total comprehensive income attributable to equity holders of the company was MYR 5,354,000 or 2.86 sen per diluted share compared to MYR 7,658,000 or 4.08 sen per basic and diluted share a year ago. Net cash from operating activities was MYR 11,938,000 compared to net cash used in operating activities of MYR 301,000 a year ago. Purchase of property, plant and equipment was MYR 6,249,000 compared to MYR 10,768,000 a year ago. This increase in revenue was contributed by higher liquid nitrogen sales for purging jobs together with refrigerants products to manufacturing sector during the period. For the quarter, the company reported impairment of property, plant & equipment of MYR 90,000 compared to MYR 54,000 a year ago.

SIG Gases Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

SIG Gases Berhad announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue of MYR 20.7 million compared to MYR 20.6 million reported in the same period last year. Profit before tax was MYR 1.8 million against MYR 2.4 million reported last year. Profit after tax and total comprehensive income was MYR 1.5 million against MYR 1.6 million reported last year. Total comprehensive income attributable to equity holders of the company was MYR 1.5 million against MYR 1.6 million reported last year. Diluted earnings per share was 0.79 sen against 0.85 sen reported last year. For the six months, the company reported revenue of MYR 39.7 million compared to MYR 36.9 million reported in the same period last year. Profit before tax was MYR 11.6 million against MYR 12.2 million reported last year. Profit after tax and total comprehensive income was MYR 4.6 million against MYR 2.5 million reported last year. Total comprehensive income attributable to equity holders of the company was MYR 4.6 million against MYR 2.5 million reported last year. Diluted earnings per share was 2.45 sen against 1.32 sen reported last year. Net cash generated from operating activities was MYR 10.4 million against MYR 1.6 million reported last year. Purchase of property, plant and equipment was MYR 4.7 million against MYR 6.8 million reported last year.

Sig Gases Berhad Reports Earnings Results for the First Quarter Ended March 31, 2016

SIG Gases Berhad reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported profit after tax and total comprehensive income of MYR 3.11 million or 1.66 sen per share compared to MYR 872,000 or 0.47 sen per share for the same quarter ended March 31, 2015. Revenue was MYR 19.05 million compared to MYR 16.30 million for the same quarter ended March 31, 2015. Profit before tax was MYR 4.06 million compared to MYR 1.26 million for the same quarter ended March 31, 2015.

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
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University 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 SIG Gases Berhad, please visit www.siggases.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.