January 18, 2017 1:56 AM ET

Road and Rail

Company Overview of Tiong Nam Logistics Holdings Berhad

Company Overview

Tiong Nam Logistics Holdings Berhad, an investment holding company, provides logistics and warehousing services primarily in Malaysia. It operates through three segments: Logistics and Warehousing Services, Investment, and Property Development segments. The company offers transportation services for various goods through its fleet of haulage trucks, prime movers, car carriers, and trailers; and freight forwarding services comprising cargo classification, insurance cover, duty rates, customized EDI invoice submission, and customs brokerage services, as well as operates general warehouses, bonded warehouses, cold rooms, and free trade zone/free commercial zone warehouses. It also provides cran...

Jalan Kempas Baru

Lot 30462

Johor Bahru,  81200

Malaysia

Founded in 1975

Phone:

60 7 232 1299

Fax:

60 7 236 1299

Key Executives for Tiong Nam Logistics Holdings Berhad

Tiong Nam Logistics Holdings Berhad does not have any Key Executives recorded.

Tiong Nam Logistics Holdings Berhad Key Developments

Tiong Nam Logistics Holdings Bhd Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Tiong Nam Logistics Holdings Bhd reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported revenues of MYR 141,321,000 against MYR 138,117,000 a year ago. Operating profit was MYR 16,473,000 against MYR 12,284,000 a year ago. Profit before tax was MYR 16,610,000 against MYR 12,228,000 a year ago. Net profit attributable to equity holders of the company was MYR 13,050,000 or 2.70 sen diluted per share against MYR 7,403,000 or 1.66 sen diluted per share a year ago. For the six months, the company reported revenues of MYR 272,411,000 against MYR 272,808,000 a year ago. Operating profit was MYR 34,206,000 against MYR 30,823,000 a year ago. Profit before tax was MYR 34,235,000 against MYR 31,599,000 a year ago. Net profit attributable to equity holders of the company was MYR 26,493,000 or 5.48 sen diluted per share against MYR 20,984,000 or 4.70 sen diluted per share a year ago. Net cash from operating activities of MYR 4,683,000 compared to MYR 15,958,000 a year ago. Acquisition of property, plant and equipment was MYR 80,914,000 compared to MYR 73,890,000 a year ago.

Tiong Nam Logistics Holdings Berhad Incorporates New Subsidiary in Laos

The Board of Directors of Tiong Nam Logistics Holdings Berhad announced that a new subsidiary in Laos has been incorporated on 2 November 2016 to be known as Tiong Nam Logistics Solutions (Lao) Company Limited. The purpose of this incorporation of subsidiary is to expand its logistics business to Laos. The incorporation of this subsidiary would not have any effect on the issued and paid-up capital and substantial shareholders' shareholdings nor will it have any significant effect on the earnings per share, net assets per share and gearing of TNLHB group for the year ending 31 March 2017.

Tiong Nam Logistics Holdings Bhd Presents at Daiwa-Affin Hwang Malaysia Corporate Day, Sep-28-2016

Tiong Nam Logistics Holdings Bhd Presents at Daiwa-Affin Hwang Malaysia Corporate Day, Sep-28-2016 . Venue: 6 Shenton Way, OUE Downtown 2, #26-08, Singapore 068809, Singapore.

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Recent Private Companies Transactions

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