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pfce bhd (PFCE) Snapshot

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pfce bhd (PFCE) Details

Spring Gallery Berhad, an investment holding company, engages in the manufacture, marketing, retail, and wholesale of clay products in Malaysia and the United States. The company’s products include pottery and porcelain products, ceramic wares, and ornaments. It also provides landscaping services. The company was formerly known as PFCE Berhad and changed its name to Spring Gallery Berhad in December 2014. Spring Gallery Berhad is headquartered in Petaling Jaya, Malaysia.

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pfce bhd (PFCE) Key Developments

Spring Gallery Berhad Announces Unaudited Consolidated Earnings Results for the Three Months and Nine Months Ended March 31, 2015

Spring Gallery Berhad announced unaudited consolidated earnings results for the three months and nine months ended March 31, 2015. For the three months, the company reported revenue of MYR 9,750,000, profit before taxation of MYR 2,650,000, and profit after taxation attributable to owners of the company of MYR 2,184,000 or basic loss per share of 2.30 sen. Revenue in the current quarter has increased by MYR 1.98 million, representing an increase of 26% as compared to the previous quarter, as a result of the increase in export sales. Current quarter was a peak season for ceramic business whereby the demand was affected by the seasonal pattern of the importing countries. For the nine months, the company reported revenue of MYR 19,920,000, profit before taxation of MYR 4,187,000, and profit after taxation attributable to owners of the company of MYR 3,721,000 or basic loss per share of 3.92 sen. Net cash flows generated from operating activities was MYR 1,671,000 and purchase of property, plant & equipment was MYR 204,000.

Spring Gallery Berhad Announces Resignation of Name Ong Teng Kek as Independent and Non Executive Member of Nomination Committee

Spring Gallery Berhad announced resignation of Mr. Name Ong Teng Kek as Independent and Non Executive Member of Nomination Committee, effective May 25, 2015.

Spring Gallery Berhad Announces Resignation of Ong Teng Kek as Independent and Non Executive Member of Audit Committee

Spring Gallery Berhad announced resignation of Mr. Ong Teng Kek as Independent and Non Executive Member of Audit Committee, effective May 25, 2015.

 

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