
GOOD ASSETS
MRCB 1651 Share Price
RM0.50
52 Weeks Range : 0.355 - 0.595
BURSA MALAYSIA –
The Group recorded revenue of RM297.6 million and a profit before tax of RM7.6 million in the quarter ended 30 September 2020, compared to revenue of RM167.2 million and a loss before tax of RM222.0 million recorded in the preceding quarter ended 30 June 2020. The increase in revenue and profits in the quarter ended 30 September 2020 reflects the Group’s ability to recognise more revenue as construction progress began to pick up, albeit at a slower pace compared to pre-pandemic levels, after the commencement of the CMCO on 4 May 2020.
BURSA MALAYSIA –
The Group recorded revenue of RM167.2 million and a loss before tax of RM222.0 million in the current quarter, compared to revenue of RM425.8 million and profit before tax of RM26.9 million recorded in the preceding quarter ended 31 March 2020, mainly due to the Covid-19 pandemic and the halt in construction works during the MCO and CMCO periods which started from 18th March 2020.
BURSA MALAYSIA –
The Group recorded revenue and profit before taxation of RM425.7 million in the quarter ended 31 March 2020, compared to revenue of RM471.6 million recorded in the preceding quarter ended 31 December 2019 on account of the seasonal festive period, as well as the halt in construction works during the Movement Control Order in the last 2 weeks of the quarter ended 31 March 2020.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 9.4 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 245.5 million and auditor’s remuneration of 1100 thousands
BURSA MALAYSIA –
In the quarter ended 31 December 2019, the Group recorded revenue and a profit before taxation of RM471.6 million and RM20.4 million respectively, compared to revenue of RM372.7 million and profit before taxation of RM14.3 million in preceding quarter. The higher profit before tax was mainly due to the better performance from the Engineering, Construction & Environment Divisions, which contributed an operating profit of RM19.8 million compared to RM1.8 million in preceding quarter.
Investing Malaysia –
Average investing volume for Malaysian Resources Corp. Bhd in the past three months in stock market was 4956.3k lots
Investing Malaysia –
MRCB gets a score of 23.2 in our equity and assets quality test based on current share price of RM0.69
Investing Malaysia –
Malaysian Resources Corp. Bhd gets a score of 18.52 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 1651 in Bursa Malaysia declared adjusted 2.54% dividend yield in past few years
Investing Malaysia –
MRCB is estimated to have a profit consensus of 89.34 millions, with an adjusted market capitalization of 2984.17 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 15.58 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 220.4 million and auditor’s remuneration of 1043 thousands