Last 0.99 MYR
Change Today -0.005 / -0.51%
Volume 85.0K
As of 2:50 AM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

southern steel berhad (SSB) Snapshot

Open
1.00
Previous Close
0.99
Day High
1.00
Day Low
0.99
52 Week High
08/12/14 - 1.74
52 Week Low
03/5/15 - 0.99
Market Cap
413.1M
Average Volume 10 Days
39.7K
EPS TTM
-0.14
Shares Outstanding
419.4M
EX-Date
05/16/14
P/E TM
--
Dividend
0.02
Dividend Yield
2.02%
Current Stock Chart for SOUTHERN STEEL BERHAD (SSB)

Related News

No related news articles were found.

southern steel berhad (SSB) Related Businessweek News

No Related Businessweek News Found

southern steel berhad (SSB) Details

Southern Steel Berhad, an investment holding company, manufactures, sells, and trades in steel products in Malaysia, ASEAN countries, and internationally. It offers construction, and cut and bend bars, as well as deformed bar in coil; carbon steel pipes; cut to size, engineered, and standard sheet fabric meshes; fencing panels; sprinkler pipes; concrete wires; PC bars, strands, and wires; painted and electrical conduit pipes; and galvanized pipes. The company also provides cold heading, bolt and nut, carbon, and welding billets; carbon steel pipes; cold rolled furniture pipes; and wire rods, as well as pre-stressed concrete strands and wires. In addition, it rents properties; and provides management services for the supply of labor. The company offers its products for use in agriculture, architecture, automotives, cables support, coach and bus structures, construction, cut and bend bar, electrical cables, fences, fire sprinklers, furniture, fabrication, general, handrails, IBC frames, oil and gas, packaging, playground equipment tubing, poultry equipment tubing, scaffolding, sign posts, structural hollow sections, telecommunication cables, timber logging, and water transmission pipes. Southern Steel Berhad was founded in 1963 and is based in Prai, Malaysia.

Founded in 1963

southern steel berhad (SSB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

southern steel berhad (SSB) Key Developments

Southern Steel Berhad Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2014

Southern Steel Berhad reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported revenue of MYR 632,850,000 compared to MYR 705,779,000 reported a year ago. Loss from operation was MYR 35,349,000 compared to profit from operation of MYR 15,902,000 reported a year ago. Loss before taxation was MYR 68,470,000 compared to profit before taxation of MYR 4,462,000 reported a year ago. Loss attributable to owners of the company was MYR 59,098,000 or 14.1 sen per basic share compared to profit attributable to owners of the company of MYR 2,260,000 or 0.5 sen per basic share reported a year ago. For the six months, the company reported revenue of MYR 1,243,587,000 compared to MYR 1,383,731,000 reported a year ago. Loss from operation was MYR 49,721,000 compared to profit from operation of MYR 23,467,000 reported a year ago. Loss before taxation was MYR 97,200,000 compared to profit before taxation of MYR 224,000 reported a year ago. Loss attributable to owners of the company was MYR 80,762,000 or 19.3 sen per basic share compared to MYR 1,912,000 or 0.5 sen per basic share reported a year ago. Net cash used in operating activities was MYR 100,681,000 compared to net cash generated from operating activities of MYR 102,885,000 reported a year ago. Acquisition of property, plant and equipment was MYR 71,422,000 compared to MYR 123,470,000 reported a year ago. The higher losses incurred for the quarter under review and the financial year-to-date as compared with the corresponding quarter/period of fiscal 2014 were mainly attributable to further erosion of margins from lower selling prices. The losses at associated companies included its share of impairment loss of MYR 14 million.

Southern Steel Berhad Announces Unaudited Consolidated Financial Results for the First Quarter Ended September 30, 2014

Southern Steel Berhad announced unaudited consolidated financial results for the first quarter ended September 30, 2014. For the quarter, the company reported revenue of MYR 610.737 million against MYR 677.952 million a year ago. Loss from operation was MYR 14.372 million against profit from operation of MYR 7.565 million a year ago. Loss before taxation was MYR 28.730 million against MYR 4.238 million a year ago. Loss attributable to owners of the company was MYR 21.664 million or 5.2 sen per basic share against MYR 4.172 million or 1 sen per basic share a year ago. Net cash used in operating activities was MYR 154.768 million against net cash from operating activities of MYR 101.959 million a year ago. Acquisition of property, plant and equipment was MYR 39.706 million against MYR 75.264 million a year ago. The decline in revenue and higher LBT were mainly due to lower selling price and lower volume caused by surging imports at low prices.

Southern Steel Berhad Proposes to Amend Article 3 of the Company

Southern Steel Berhad proposed Article 3 of the Articles of Association of the company be amended as `The authorised capital of the company is MYR 802,000,000.00 divided into 800,000,000 ordinary shares of MYR 1.00 each and 2,000,000 preference shares of MYR 1.00 each.' in substitution for the existing Article 3 of the Articles of Association of the Company'.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SSB:MK 0.99 MYR -0.005

SSB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SSB.
View Industry Companies
 

Industry Analysis

SSB

Industry Average

Valuation SSB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SOUTHERN STEEL BERHAD, please visit www.southsteel.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.