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Last 0.14 MYR
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:50 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

m3 technologies asia bhd (M3T) Snapshot

Open
0.12
Previous Close
0.14
Day High
0.14
Day Low
0.12
52 Week High
11/12/14 - 0.27
52 Week Low
08/24/15 - 0.11
Market Cap
24.7M
Average Volume 10 Days
72.1K
EPS TTM
-0.02
Shares Outstanding
182.9M
EX-Date
12/7/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for M3 TECHNOLOGIES ASIA BHD (M3T)

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m3 technologies asia bhd (M3T) Details

M3 Technologies (Asia) Berhad provides mobile value added services in Malaysia, Thailand, Pakistan, and other Asian countries. It offers a range of mobile solutions and platforms, such as multimedia products, WAP, and J2ME applications, as well as mobile messaging and data services, which include SMS, MMS, and WAP. The company provides SMS Platform, a mobile network solution to create, deploy, and manage internal and third party mobile applications; mobile financial services that allow its customers to perform payment, transfer transactions, and enquiries through mobile phones; and Retail Series, an application for retail business needs. It also offers M3TECH Insurance, a mobile solution, which enables insurance agents to communicate with policy holders through SMS; and M3TECH Securities, a mobile solution that enables traders to communicate and update clients through customized solutions. In addition, the company provides mobile education solutions using messaging platforms capabilities to reach out students, lecturers, and parents. Further, it distributes and retails fast-moving electronic goods and related products, as well as offers e-commerce and e-educational services. The company was incorporated in 1999 and is headquartered in Petaling Jaya, Malaysia.

Founded in 1999

m3 technologies asia bhd (M3T) Top Compensated Officers

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Executives, Board Directors

m3 technologies asia bhd (M3T) Key Developments

M3 Technologies (Asia) Berhad Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended June 30, 2015

M3 Technologies (Asia) Berhad reported unaudited consolidated financial results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company reported revenue of MYR 12,414,000 compared to revenue of MYR 8,691,000 for the same period a year ago. Profit from operations was MYR 249,000 compared to loss from operations of MYR 3,193,000 last year. Profit before income tax was MYR 528,000 compared to loss before income tax of MYR 9,800,000 last year. Net profit was MYR 293,000 compared to net loss of MYR 9,927,000 last year. Net loss attributable to equity holders of the company was MYR 41,000 or 0.02 sen per basic and diluted share compared to MYR 9,996,000 or 5.65 sen per basic and diluted share last year. The increase in revenue from previous quarter is inclusive of an investment income of MYR 1.86 million derived from Profit Guarantee Agreement signed with a shareholder of Associated company, Fotokem Sdn Bhd. For the six months, the company reported revenue of MYR 37,177,000 compared to revenue of MYR 39,396,000 for the same period a year ago. Loss from operations was MYR 2,225,000 compared to MYR 8,228,000 last year. Loss before income tax was MYR 2,487,000 compared to MYR 14,813,000 last year. Net loss was MYR 3,163,000 compared to MYR 15,371,000 last year. Net loss attributable to equity holders of the company were MYR 4,054,000 or 2.28 sen per basic and diluted share compared to MYR 15,543,000 or 8.78 sen per basic and diluted share last year. Net cash used in operating activities was MYR 2,182,000 compared to net cash generated from operating activities of MYR 682,000 last year. Purchase of plant and equipment was MYR 987,000 compared to MYR 1,052,000 last year. Product development expenditure was MYR 1,681,000 against MYR 2,459,000 a year ago. The lower revenue generated in current financial year was mainly due to more competitive market in both VAS and distribution business. Loss before taxation was reduced by MYR 12.3 million mainly contributed by the reduction in operational cost and recognition of investment income of MYR 1.86 million in current financial year and recognition of impairment of goodwill and joint venture in total of MYR 6.6 million in previous financial year. Net assets per share attributable to ordinary equity holders of the parent were MYR 0.1473.

M3 Technologies (Asia) Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

M3 Technologies (Asia) Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported revenue of MYR 9,807,000 against MYR 9,027,000 a year ago. Loss from operations was MYR 250,000 against MYR 1,747,000 a year ago. Loss before taxation was MYR 588,000 against MYR 1,755,000 a year ago. Net loss for the period was MYR 756,000 against MYR 1,877,000 a year ago. Basic and diluted loss per share was 0.51 sen against 1.11 sen a year ago. For the nine months period, the company reported revenue of MYR 24,763,000 against MYR 30,705,000 a year ago. Loss from operations was MYR 2,474,000 against MYR 5,035,000 a year ago. Loss before taxation was MYR 3,015,000 against MYR 5,013,000 a year ago. Net loss for the period was MYR 3,456,000 against MYR 5,444,000 a year ago. Basic and diluted loss per share was 2.27 sen against 3.13 sen a year ago. Net assets per share attributable to ordinary equity holders of the parent were 21.86 sen against 25.04 sen a year ago. Net cash used in operating activities was MYR 1,966,000 against MYR 1,706,000 a year ago. Purchase of plant and equipment was MYR 590,000 against MYR 662,000 a year ago.

M3 Technologies (Asia) Berhad Proposes Amendments to the Memorandum and Articles of Association

M3Tech announced that the proposed amendments to the Memorandum and Articles of Association of M3Tech (M&A) to facilitate the proposed increase in authorised share capital and the proposed employees’ share option scheme (Proposed M&A Amendments).

 

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