Ann Joo Resources Berhad operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ann Joo Resources Berhad with three other
companies in this sector in Malaysia:
Southern Steel Berhad
sales of 2.53 billion Malaysian Ringgits [US$566.40 million]
of which 100%
was Steel Products),
Lion Diversified Holdings Berhad
(1.21 billion Malaysian Ringgits [US$270.63 million]
of which 91%
was Discontinued operation), and
Malaysia Steel Works KL Bhd
(1.14 billion Malaysian Ringgits [US$256.08 million]
of which 100%
was Steel Bars Manufacturing).
Ann Joo Resources Berhad reported sales of 1.76 billion Malaysian Ringgits (US$394.29 million)
December of 2015.
decrease of 23.2%
versus 2014, when the company's sales were 2.29 billion Malaysian Ringgits.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Ann Joo Resources Berhad had sales
of 1.83 billion Malaysian Ringgits.
Contributing to the drop in overall sales was the 26.3% decline
in Iron and Steel Manufacturing, from 1.60 billion Malaysian Ringgits to 1.18 billion Malaysian Ringgits.
There were also decreases in sales in
Iron and Steel Trading (down 16.1% to 575.76 million Malaysian Ringgits)
However, these declines were partially offset by the increase in sales of
Investment Holding and Property Management (up 52.7% to 2.08 million Malaysian Ringgits)