Brahim’s Holdings Berhad provides in-flight catering, restaurant, and warehousing and logistics services in Malaysia. The company offers in-flight catering services at the Kuala Lumpur International Airport and Penang International Airport to international and national carriers; and provides cabin handling services, such as laundry services for pillows and blankets, and filling the cabin trolley with items for in-flight sales, as well as passenger headsets, newspapers, and periodicals. It operates a portfolio of fast food and casual dining restaurants, and cafes at the Kuala Lumpur International Airport and Penang International Airport, as well as sells coffee beans to various hotels. The co...
Menara Hap Seng
7-05, 7th Floor
Jalan P. Ramlee
Kuala Lumpur, 50250
Brahim's Holdings In Talks For An Acquisition
Mar 9 15
Brahim's Holdings Berhad (KLSE:BRAHIMS) is in negotiations to acquire a food-and-beverage company.
Brahim's Holdings Is In Negotiations To Acquire Food And Beverage Company
Mar 9 15
Brahim's Holdings Berhad (KLSE:BRAHIMS) said the group is in negotiations to acquire TCRS Restaurants Sdn Bhd. In an announcement to Bursa Malaysia, Brahim's said its proposal to acquire The Chicken Rice Shop "may or may not materialise" as it was still under negotiations. The company noted that the terms and conditions of the proposed acquisition have yet to be agreed upon.
Brahim's Holdings Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Revenue Guidance for the Year 2015
Feb 27 15
Brahim's Holdings Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of MYR 79,072,000 against MYR 109,120,000 a year ago. Loss before taxation was MYR 58,524,000 against profit before taxation of MYR 22,187,000 a year ago. Loss attributable to owners of the company was MYR 40,322,000 or 17.06 sen per basic share against profit attributable to owners of the company of MYR 12,685,000 or 5.25 sen per basic share a year ago. The negative result arose from a one-off settlement of disputed amounts with Malaysia Airlines totaling MYR 94.03 million with a global settlement sum of MYR 37.95 million.
For the year, the company reported revenue of MYR 353,572,000 against MYR 394,829,000 a year ago. Loss before taxation was MYR 34,808,000 against profit before taxation of MYR 58,800,000 a year ago. Loss attributable to owners of the company was MYR 33,592,000 or 14.34 sen per basic share against profit attributable to owners of the company of MYR 22,028,000 or 10.12 sen per basic share a year ago. Net cash used to operating activities was MYR 47,680,000 against net cash generated from operating activities of MYR 36,271,000 a year ago. Purchase of plant and equipment was MYR 8,920,000 against MYR 10,059,000 a year ago. Purchase of intangibles assets was MYR 603,000.
The company expects to improve its revenue from the arising new airlines clients in 2015.