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Last 0.21 MYR
Change Today 0.00 / 0.00%
Volume 0.0
INDU On Other Exchanges
Kuala Lumpur
As of 4:28 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

industronics bhd (INDU) Snapshot

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52 Week High
04/28/14 - 0.69
52 Week Low
04/9/15 - 0.16
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industronics bhd (INDU) Details

Industronics Berhad, together with its subsidiaries, designs, manufactures, and installs various electronic products. The company’s Electronics and System Integration segment is engaged in the design, manufacture, and installation of electronic and microprocessor controlled products; and trade, maintenance, and supply of industrial electronic equipment, as well as intelligent transportation system and major system integration projects, including information communication technology; and supplies and services telecommunication equipment and audio visual multimedia systems. Its Security Systems, and Mechanical Electrical and Engineering segment is involved in the supply and installation of security systems; trade of transport equipment and provision of related services; and manufacture, import, and marketing of filters. This segment also specializes in fire protection system design and installation works, and mechanical engineering services; and industrial maintenance and service works. The company’s Environment and Scada System segment is engaged in the design and Scada integration in environmental monitoring services. Its Sheet Metal Fabrication segment is involved in the precision sheet metal fabrication works and the manufacture of precision fabrication. The company’s Other Operations segment assembles and maintains electronic display systems of public security and fire systems. The company also offers consultation project management and system integration services in industrial automation; contract manufacturing services for electronic devices; and services in the areas of commercial advertising. In addition, it is engaged in the information technology (IT) and system development activities; and development of IT applications. It operates in Malaysia, Singapore, Hong Kong, and Vietnam. The company was founded in 1975 and is headquartered in Seri Kembangan, Malaysia.

Founded in 1975

industronics bhd (INDU) Top Compensated Officers

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industronics bhd (INDU) Key Developments

Industronics Bhd Incorporates Itronic Management Limited in Hong Kong

The Board of Directors of Industronics Bhd announced that the company had incorporated a wholly-owned subsidiary in Hong Kong known as Itronic Management Limited (ITRONIC) with a paid-up capital of HKD 10,000 divided into 10,000 ordinary shares of HKD 1.00 each. The intended principal activity of ITRONIC is to carry on hospitality management.

Industronics Bhd Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Announces Write Off of Property, Plant and Equipment and Intangible Assets for the Fourth Quarter of 2014

Industronics Bhd announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenue of MYR 2,265,580 compared to MYR 10,054,681 a year ago. Loss before tax was MYR 7,825,160 compared to MYR 1,622,591 a year ago. Loss for the period was MYR 8,700,732 compared to MYR 663,499 a year ago. Loss attributable to owners of the company was MYR 7,517,298 or 7.33 sen per basic share against profit of MYR 714,833 or 0.75 sen per basic share a year ago. Capital expenditure was MYR 539,000 against MYR 421,000 a year ago. The group's revenue was lower, mainly attributable to lower revenue recognition in Electronics & System Integration segment. For the year, the company reported revenue of MYR 16,208,034 compared to MYR 42,801,145 a year ago. Loss before tax was MYR 18,568,550 compared to MYR 6,407,680 a year ago. Loss for the period was MYR 19,444,122 compared to MYR 5,463,645 a year ago. Net cash used in operating activities was MYR 26,965,929 against MYR 9,394,742 a year ago. Purchase of property, plant and equipment was MYR 188,232 against MYR 1,414,595 a year ago. Loss attributable to owners of the company was MYR 17,797,732 or 17.35 sen per basic share against MYR 4,343,609 or 4.56 sen per basic share a year ago. Capital expenditure was MYR 689,000 against MYR 3,376,000 a year ago. For the quarter, the company announced write off of property, plant and equipment of MYR 223,416 against MYR 39,286 a year ago. Write off of intangible assets was MYR 1,347,108.

Industronics Bhd Announces Redesignation of Fung Ling Yip as Independent & Non Executive Chairman of Audit Committee

Industronics Bhd announced the redesignation of Fung Ling Yip, Independent & Non Executive Member of Audit Committee to Chairman of Audit Committee, effective on December 26, 2014. Fung Ling Yip qualified as CPA (Practicing) of HKICPA, Fellow Member of ACCA and CFA Charterholder. Fung Ling Yip have an experience as Audit Senior of Audit Department, Peter Chan (CPA) Limited in 2002-2003.


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