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 :
Lion Industries Corporation Berhad
sales of 2.32 billion Malaysian Ringgits [US$563.02 million]
of which 82%
Southern Steel Berhad
(1.91 billion Malaysian Ringgits [US$464.49 million]
of which 100%
was Steel Products), and
Malaysia Steel Works (Kl) Bhd
(1.38 billion Malaysian Ringgits [US$335.97 million]
During the first
quarter of 2021, sales at Ann Joo Resources Berhad totalled
576.69 million Malaysian Ringgits.
an increase of 29.4%
from the 445.67 million Malaysian Ringgits in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2017.
Ann Joo Resources Berhad reported sales of 1.89 billion Malaysian Ringgits (US$459.26 million)
December of 2020.
decrease of 14.9%
versus 2019, when the company's sales were 2.22 billion Malaysian Ringgits.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Ann Joo Resources Berhad had sales
of 1.76 billion Malaysian Ringgits.
Contributing to the drop in overall sales was the 17.2% decline
in Iron and Steel Trading, from 1.16 billion Malaysian Ringgits to 960.20 million Malaysian Ringgits.
There were also decreases in sales in
Iron and Steel Manufacturing (down 12.4% to 928.87 million Malaysian Ringgits)
Investment Holding and Property Management (down 5.9% to 2.12 million Malaysian Ringgits)