Hap Seng Plantations Holdings Berhad cultivates oil palm and processes fresh fruit bunches. The Company operates and manages their plantations and mills as well as the infrastructure to store and transport crude palm oil and palm kernel.
Group’s PBT for the current quarter at RM27.7 million was 61% higher than the immediate preceding quarter of RM17.2 million inspite of lower revenue, mainly attributable to lower operating expenses in the current quarter and lower loss from fair value of biological assets of RM13.2 million as compared to RM24.2 million in the immediate preceding quarter
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM17.2 million was 82% below the immediate preceding quarter of RM94.1 million mainly due to lower revenue, higher production costs and higher loss from fair value adjustments of biological assets of RM24.2 million as compared to the immediate preceding quarter loss of RM0.5 million.
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM94.1 million was 25% lower than the immediate preceding quarter of RM124.9 million inspite of higher revenue by 2%. The immediate preceding quarter’s operating profit included the gain arising from the HSP (LK) Disposal of RM18.8 million and a gain from fair value of biological assets of RM8.7 million as compared to a loss of RM0.5 million in the current quarter. Revenue in the current quarter benefitted from higher average selling price per tonne of CPO but dampened by lower average selling price per tonne of PK and lower sales volume of both CPO and PK as compared to the immediate preceding quarter
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM124.9 million was 6% above the immediate preceding quarter of RM118.2 million mainly attributable to higher sales of palm products and gain from the disposal of assets held for sale of RM18.8 million but reduced by lower gain from fair value of biological assets of RM8.7 million as compared to the immediate preceding quarter of RM19.5 million.
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM118.2 million was 69% higher than the immediate preceding quarter of RM70.1 million mainly attributable to higher revenue, higher gain from fair value of biological assets of RM19.5 million as compared to the immediate preceding quarter of RM2.6 million as well asfavourable valuation of closing inventories in the current quarter.
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM70.1 million was 12% higher than the immediate preceding quarter of RM62.8 million inspite of lower revenue. Revenue was affected by the lower sales volume and lower average selling prices of CPO and PK. The higher PBT was mainly attributable to the gain from fair value of biological assets of RM2.6 million as compared to a loss on fair value of biological assets of RM4.7 million in the immediate preceding quarter and favourable valuation of closing inventories in the current quarter.
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★★★★★
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM39.2 million was 22% lower than the immediate preceding quarter of RM50.1 million mainly due to lower sales volume of CPO and PK but mitigated by higher average selling prices of both CPO and PK.
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BURSA MALAYSIA –
The Group’s PBT for the current quarter was RM31.4 million as compared to the immediate preceding quarter’s LBT of RM7 million. The improved PBT was due to profit on fair value of biological assets of RM7.6 million as compared to a loss on fair value of biological assets of RM9.5 million in the immediate preceding quarter, lower unit production cost of CPO per tonne and the gain arising from the Proposed Hap Seng Plantations (Ladang Kawa) Disposal.
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★★★★★
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 3.63 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 141.9 million and auditor’s remuneration of 313 thousands
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BURSA MALAYSIA –
Sales volume of CPO and PK for the current quarter were 32% and 25% lower than the preceding quarter of 45,577 tonnes and 10,079 tonnes respectively mainly impacted by lower production of CPO and PK by 26% and 23% respectively in tandem with lower FFB production by 29%. The lower FFB production was affected by lower FFB yield due to seasonal yield trend and changes in cropping patterns, and the suspension of plantation operations as a consequence of the Covid-19 MCO.
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★★★★★
Investing Malaysia –
Average investing volume for Hap Seng Plantations Holdings Bhd in the past three months in stock market was 128.9k lots
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★★★★★
Investing Malaysia –
HSPLANT gets a score of 25.29 in our equity and assets quality test based on current share price of RM1.66
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★★★★★
Investing Malaysia –
Hap Seng Plantations Holdings Bhd gets a score of 21.03 in our stability test after the balance sheet, money statement study
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★★★★★
Investing Malaysia –
Stock code of 5138 in Bursa Malaysia declared adjusted 1.83% dividend yield in past few years
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★★★★★
Investing Malaysia –
HSPLANT is estimated to have a profit consensus of 40.81 millions, with an adjusted market capitalization of 1311.48 millions
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★★★★★
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 3.52 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 132.8 million and auditor’s remuneration of 265 thousands
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BURSA MALAYSIA –
Group’s PBT for the current quarter at RM27.7 million was 61% higher than the immediate preceding quarter of RM17.2 million inspite of lower revenue, mainly attributable to lower operating expenses in the current quarter and lower loss from fair value of biological assets of RM13.2 million as compared to RM24.2 million in the immediate preceding quarter
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM17.2 million was 82% below the immediate preceding quarter of RM94.1 million mainly due to lower revenue, higher production costs and higher loss from fair value adjustments of biological assets of RM24.2 million as compared to the immediate preceding quarter loss of RM0.5 million.
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM94.1 million was 25% lower than the immediate preceding quarter of RM124.9 million inspite of higher revenue by 2%. The immediate preceding quarter’s operating profit included the gain arising from the HSP (LK) Disposal of RM18.8 million and a gain from fair value of biological assets of RM8.7 million as compared to a loss of RM0.5 million in the current quarter. Revenue in the current quarter benefitted from higher average selling price per tonne of CPO but dampened by lower average selling price per tonne of PK and lower sales volume of both CPO and PK as compared to the immediate preceding quarter
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM124.9 million was 6% above the immediate preceding quarter of RM118.2 million mainly attributable to higher sales of palm products and gain from the disposal of assets held for sale of RM18.8 million but reduced by lower gain from fair value of biological assets of RM8.7 million as compared to the immediate preceding quarter of RM19.5 million.
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM118.2 million was 69% higher than the immediate preceding quarter of RM70.1 million mainly attributable to higher revenue, higher gain from fair value of biological assets of RM19.5 million as compared to the immediate preceding quarter of RM2.6 million as well asfavourable valuation of closing inventories in the current quarter.
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM70.1 million was 12% higher than the immediate preceding quarter of RM62.8 million inspite of lower revenue. Revenue was affected by the lower sales volume and lower average selling prices of CPO and PK. The higher PBT was mainly attributable to the gain from fair value of biological assets of RM2.6 million as compared to a loss on fair value of biological assets of RM4.7 million in the immediate preceding quarter and favourable valuation of closing inventories in the current quarter.
BURSA MALAYSIA –
The Group’s PBT for the current quarter at RM39.2 million was 22% lower than the immediate preceding quarter of RM50.1 million mainly due to lower sales volume of CPO and PK but mitigated by higher average selling prices of both CPO and PK.
BURSA MALAYSIA –
The Group’s PBT for the current quarter was RM31.4 million as compared to the immediate preceding quarter’s LBT of RM7 million. The improved PBT was due to profit on fair value of biological assets of RM7.6 million as compared to a loss on fair value of biological assets of RM9.5 million in the immediate preceding quarter, lower unit production cost of CPO per tonne and the gain arising from the Proposed Hap Seng Plantations (Ladang Kawa) Disposal.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 3.63 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 141.9 million and auditor’s remuneration of 313 thousands
BURSA MALAYSIA –
Sales volume of CPO and PK for the current quarter were 32% and 25% lower than the preceding quarter of 45,577 tonnes and 10,079 tonnes respectively mainly impacted by lower production of CPO and PK by 26% and 23% respectively in tandem with lower FFB production by 29%. The lower FFB production was affected by lower FFB yield due to seasonal yield trend and changes in cropping patterns, and the suspension of plantation operations as a consequence of the Covid-19 MCO.
Investing Malaysia –
Average investing volume for Hap Seng Plantations Holdings Bhd in the past three months in stock market was 128.9k lots
Investing Malaysia –
HSPLANT gets a score of 25.29 in our equity and assets quality test based on current share price of RM1.66
Investing Malaysia –
Hap Seng Plantations Holdings Bhd gets a score of 21.03 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5138 in Bursa Malaysia declared adjusted 1.83% dividend yield in past few years
Investing Malaysia –
HSPLANT is estimated to have a profit consensus of 40.81 millions, with an adjusted market capitalization of 1311.48 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 3.52 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 132.8 million and auditor’s remuneration of 265 thousands