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SARAWAK CONSOLIDATED INDUSTRIES BERHAD

(SCIB)
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Sarawak Consolidated Industries Berhad Announces Change in Financial Year End

05/24/2021 | 08:35am EDT

Sarawak Consolidated Industries Berhad announced that the Board is desirous to change the financial year end of the Company from 31 December 2020 to 30 June 2021 due to continuing extension of the MCO in Malaysia and lockdowns in countries in which the Group operate, which hampered the ability to finalise the Group's financial statements (FS); expansion of Group's operations in new countries further add to more time required to finalise FS; and to facilitate better audit planning and allocation of resources to avoid the peak financial reporting period.


ę S&P Capital IQ 2021
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Financials
Sales 2020 516 M 124 M 124 M
Net income 2020 52,2 M 12,6 M 12,6 M
Net cash 2020 16,9 M 4,06 M 4,06 M
P/E ratio 2020 15,0x
Yield 2020 2,27%
Capitalization 259 M 62,3 M 62,3 M
EV / Sales 2019 2,23x
EV / Sales 2020 1,32x
Nbr of Employees -
Free-Float 59,6%
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Managers and Directors
Rosland Bin Othman Chief Executive Officer, Executive Director & MD
Jong Wei Chiew Chief Financial Officer
Encik Mohd Arif Bin Abdul Samat Finance Director
Mohammad Abdul Karim bin Abdullah Non-Independent Non-Executive Chairman
Tze Khang Chai Chief Operating Officer
Sector and Competitors