January 26, 2015 8:03 AM 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, carbon dioxide, acetylene; 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 comprising iron and steel, chemical, oil and gas, medical, pharmaceutical, electronics, metal, semiconductor, power utility, environment, etc. The company is based in Senai, Malaysia.

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, 2014

SIG Gases Berhad reported unaudited consolidated earnings results for third quarter and nine months ended September 30, 2014. For the quarter, the revenue was MYR 16,455,000 against MYR 15,956,000 a year ago. Profit before tax was MYR 1,294,000 compared to MYR 577,000 a year ago. Profit after tax and total comprehensive income for the period was MYR 2,905,000 or 1.94 sen per diluted share compared to MYR 646,000 or 0.43 sen per diluted share a year ago. Total comprehensive income attributable to equity holders of the company was MYR 2,905,000 against MYR 646,000 a year ago. The decrease in profit before tax is mainly due to lower gross profit of MYR 0.30 million, and increase in finance cost by MYR 0.05 million. For the nine months, the revenue was MYR 49,272,000 against MYR 47,078,000 a year ago. Profit before tax was MYR 3,580,000 compared to MYR 1,735,000 a year ago. Profit after tax and total comprehensive income for the period was MYR 7,821,000 or 5.21 sen per diluted share compared to MYR 2,070,000 or 1.38 sen per diluted share a year ago. Total comprehensive income attributable to equity holders of the company was MYR 7,821,000 against MYR 2,070,000 a year ago. Net cash generated from operating activities was MYR 1,718,000 compared to MYR 3,413,000 a year ago. Purchase of property, plant and equipment was MYR 2,956,000 compared to MYR 6,833,000 a year ago. The decrease in profit before tax was mainly due to the impact of the abovementioned factors.

SIG Gases Berhad Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

SIG Gases Berhad reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported comprehensive income attributable to equity holders of the company was MYR 3,180,000 or MYR 2.12 basic and diluted earnings per share on revenue of MYR 16,979,000 against comprehensive income attributable to equity holders of the company of MYR 1,387,000 or MYR 0.92 basic and diluted earnings per share on revenue of MYR 16,423,000 a year ago. Profit before tax was MYR 1,448,000 against MYR 1,121,000 a year ago. The increase in revenue was largely due to higher sales to fabrication and engineering sectors. For six months, the company reported comprehensive income attributable to equity holders of the company was MYR 4,916,000 or MYR 3.28 basic and diluted earnings per share on revenue of MYR 32,817,000 against comprehensive income attributable to equity holders of the company of MYR 1,424,000 or MYR 0.95 basic and diluted earnings per share on revenue of MYR 31,122,000 a year ago. Profit before tax was MYR 2,286,000 against MYR 1,158,000 a year ago. Net cash generated from operating activities was MYR 3,976,000 and purchase of property, plant and equipment was MYR 1,957,000 against net cash generated from operating activities of MYR 2,387,000 and purchase of property, plant and equipment of MYR 5,907,000 a year ago. Net assets per share attributable to ordinary equity holders of the company were MYR 0.64. The increase in revenue was mainly due to increase in sales to fabrication and engineering sectors of industrial gases.

SIG Gases Berhad Appoints LIM TIN TENG @ LIM JIT TENG as Independent & Non Executive Director

SIG Gases Berhad announced the appointment of LIM TIN TENG @ LIM JIT TENG as Independent & Non Executive Director of the company. He was the General Manager – Corporate Affairs prior to his retirement in 2003. Date of changes is on May 23, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 22, 2014
Piasau Gas Sdn Bhd
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

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

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SIG Gases Berhad, please visit www.siggases.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.