Reported Earnings • Jun 25
Full year 2026 earnings released: EPS: RM0.13 (vs RM0.084 in FY 2025) Full year 2026 results: EPS: RM0.13 (up from RM0.084 in FY 2025). Revenue: RM1.04b (down 2.5% from FY 2025). Net income: RM55.5m (up 53% from FY 2025). Profit margin: 5.3% (up from 3.4% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 03
Third quarter 2026 earnings released: EPS: RM0.046 (vs RM0.029 in 3Q 2025) Third quarter 2026 results: EPS: RM0.046 (up from RM0.029 in 3Q 2025). Revenue: RM270.2m (up 6.5% from 3Q 2025). Net income: RM20.0m (up 58% from 3Q 2025). Profit margin: 7.4% (up from 5.0% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Dec 09
Second quarter 2026 earnings released: EPS: RM0.051 (vs RM0.018 in 2Q 2025) Second quarter 2026 results: EPS: RM0.051 (up from RM0.018 in 2Q 2025). Revenue: RM270.9m (down 3.3% from 2Q 2025). Net income: RM22.0m (up 188% from 2Q 2025). Profit margin: 8.1% (up from 2.7% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Sep 25
First quarter 2026 earnings released: EPS: RM0.027 (vs RM0.02 in 1Q 2025) First quarter 2026 results: EPS: RM0.027 (up from RM0.02 in 1Q 2025). Revenue: RM270.4m (down 3.3% from 1Q 2025). Net income: RM11.6m (up 31% from 1Q 2025). Profit margin: 4.3% (up from 3.2% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Sep 24
LB Aluminium Berhad Approves First and Final Single Tier Dividend in Respect of the Financial Year Ended 30 April 2025 LB Aluminium Berhad at its AGM held on 24 September 2025, approved the payment of a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2025. Upcoming Dividend • Sep 22
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 16 October 2025. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (1.8%). Declared Dividend • Aug 27
Dividend of RM0.025 announced Shareholders will receive a dividend of RM0.025. Ex-date: 29th September 2025 Payment date: 16th October 2025 Dividend yield will be 5.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (157% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 57% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: RM0.084 (vs RM0.067 in FY 2024) Full year 2025 results: EPS: RM0.084 (up from RM0.067 in FY 2024). Revenue: RM1.06b (up 11% from FY 2024). Net income: RM36.3m (up 24% from FY 2024). Profit margin: 3.4% (up from 3.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Aug 25
LB Aluminium Berhad, Annual General Meeting, Sep 24, 2025 LB Aluminium Berhad, Annual General Meeting, Sep 24, 2025, at 10:00 Singapore Standard Time. Location: ujong pandang room, staffield country resort, batu 13, jalan seremban-kuala lumpur, (country road), 71700 mantin, negeri sembilan darul khusus, Malaysia Reported Earnings • Jun 26
Full year 2025 earnings released: EPS: RM0.084 (vs RM0.067 in FY 2024) Full year 2025 results: EPS: RM0.084 (up from RM0.067 in FY 2024). Revenue: RM1.06b (up 11% from FY 2024). Net income: RM36.3m (up 24% from FY 2024). Profit margin: 3.4% (up from 3.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Third quarter 2025 earnings released: EPS: RM0.029 (vs RM0.026 in 3Q 2024) Third quarter 2025 results: EPS: RM0.029 (up from RM0.026 in 3Q 2024). Revenue: RM253.7m (flat on 3Q 2024). Net income: RM12.6m (up 14% from 3Q 2024). Profit margin: 5.0% (up from 4.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Mar 06
LB Aluminium Berhad Announces Appointment of Tan Kok Siong as Company Secretary LB Aluminium Berhad announced appointment of Tan Kok Siong as Company Secretary. Date of change is 06 March 2025. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Choo Hynn was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 05
Second quarter 2025 earnings released: EPS: RM0.018 (vs RM0.01 in 2Q 2024) Second quarter 2025 results: EPS: RM0.018 (up from RM0.01 in 2Q 2024). Revenue: RM280.2m (up 26% from 2Q 2024). Net income: RM7.64m (up 75% from 2Q 2024). Profit margin: 2.7% (up from 2.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Sep 26
First quarter 2025 earnings released: EPS: RM0.02 (vs RM0.01 in 1Q 2024) First quarter 2025 results: EPS: RM0.02 (up from RM0.01 in 1Q 2024). Revenue: RM279.8m (up 36% from 1Q 2024). Net income: RM8.86m (up 105% from 1Q 2024). Profit margin: 3.2% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 20
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 16 October 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.8%). New Risk • Sep 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.1% net profit margin). Market cap is less than US$100m (RM226.1m market cap, or US$52.0m). Declared Dividend • Aug 28
Dividend of RM0.025 announced Shareholders will receive a dividend of RM0.025. Ex-date: 27th September 2024 Payment date: 16th October 2024 Dividend yield will be 4.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 26
LB Aluminium Berhad, Annual General Meeting, Sep 25, 2024 LB Aluminium Berhad, Annual General Meeting, Sep 25, 2024, at 10:00 Singapore Standard Time. Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: RM0.067 (vs RM0.089 in FY 2023) Full year 2024 results: EPS: RM0.067 (down from RM0.089 in FY 2023). Revenue: RM955.5m (up 23% from FY 2023). Net income: RM29.3m (down 25% from FY 2023). Profit margin: 3.1% (down from 5.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Mar 28
Third quarter 2024 earnings released: EPS: RM0.026 (vs RM0.019 in 3Q 2023) Third quarter 2024 results: EPS: RM0.026 (up from RM0.019 in 3Q 2023). Revenue: RM254.4m (up 59% from 3Q 2023). Net income: RM11.1m (up 38% from 3Q 2023). Profit margin: 4.4% (down from 5.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Dec 07
Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.028 in 2Q 2023) Second quarter 2024 results: EPS: RM0.01 (down from RM0.028 in 2Q 2023). Revenue: RM221.7m (up 7.6% from 2Q 2023). Net income: RM4.37m (down 65% from 2Q 2023). Profit margin: 2.0% (down from 6.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 25
Upcoming dividend of RM0.025 per share at 4.6% yield Eligible shareholders must have bought the stock before 02 October 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.8%). Reported Earnings • Sep 01
Full year 2023 earnings released: EPS: RM0.089 (vs RM0.096 in FY 2022) Full year 2023 results: EPS: RM0.089 (down from RM0.096 in FY 2022). Revenue: RM777.8m (up 13% from FY 2022). Net income: RM38.7m (down 7.1% from FY 2022). Profit margin: 5.0% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 30
LB Aluminium Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ended April 30, 2023, Payable on October 18, 2023 LB Aluminium Berhad at its AGM to be held on September 27, 2023, proposed a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2023 will be paid on 18 October 2023 to Depositors whose names appear in the Record of Depositors on 3 October 2023. Annuncio • Aug 29
LB Aluminium Berhad, Annual General Meeting, Sep 27, 2023 LB Aluminium Berhad, Annual General Meeting, Sep 27, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 30 April 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2023; to approve the payment of Directors fees of MYR 391,000.00 for the financial year ended 30 April 2023; to approve the payment of Directors benefits of up to MYR 45,000.00 for the period immediately after this AGM until the next AGM of the Company to be held in 2024; to re-elect Tan Sri Datuk Leow Chong Howa as Director; to re-elect Ms Leow Sok Hoon as Director; to re-elect Tuan Haji Ahmed Azhar Bin Abdullah as Director; to re-appoint Messrs BDO PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Jun 29
Full year 2023 earnings released: EPS: RM0.089 (vs RM0.096 in FY 2022) Full year 2023 results: EPS: RM0.089 (down from RM0.096 in FY 2022). Revenue: RM777.8m (up 13% from FY 2022). Net income: RM38.8m (down 7.0% from FY 2022). Profit margin: 5.0% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 29
LB Aluminium Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ended 30 April 2023 LB Aluminium Berhad proposed a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2023 for the approval of the shareholders at the forthcoming Annual General Meeting of the Company. The proposed entitlement and payment dates for the first and final dividend shall be determined at a later date and announced accordingly. Reported Earnings • Mar 30
Third quarter 2023 earnings released: EPS: RM0.019 (vs RM0.034 in 3Q 2022) Third quarter 2023 results: EPS: RM0.019 (down from RM0.034 in 3Q 2022). Revenue: RM159.8m (down 19% from 3Q 2022). Net income: RM8.09m (down 45% from 3Q 2022). Profit margin: 5.1% (down from 7.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 07
Second quarter 2023 earnings released: EPS: RM0.028 (vs RM0.016 in 2Q 2022) Second quarter 2023 results: EPS: RM0.028 (up from RM0.016 in 2Q 2022). Revenue: RM206.1m (up 30% from 2Q 2022). Net income: RM12.4m (up 81% from 2Q 2022). Profit margin: 6.0% (up from 4.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 28
First quarter 2023 earnings released: EPS: RM0.029 (vs RM0.007 in 1Q 2022) First quarter 2023 results: EPS: RM0.029 (up from RM0.007 in 1Q 2022). Revenue: RM227.1m (up 98% from 1Q 2022). Net income: RM12.5m (up 311% from 1Q 2022). Profit margin: 5.5% (up from 2.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 26
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 03 October 2022. Payment date: 18 October 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (2.0%). Annuncio • Aug 30
LB Aluminium Berhad, Annual General Meeting, Sep 29, 2022 LB Aluminium Berhad, Annual General Meeting, Sep 29, 2022, at 10:00 Singapore Standard Time. Annuncio • Aug 27
LB Aluminium Berhad Announces First and Final Single Tier Dividend for the Financial Year Ended April 30, 2022, Payable on October 18, 2022 LB Aluminium Berhad announced a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2022. Ex- date: October 03, 2022. Entitlement date: October 04, 2022. Payment date: October 18, 2022. Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: RM0.096 (vs RM0.095 in FY 2021) Full year 2022 results: EPS: RM0.096 (up from RM0.095 in FY 2021). Revenue: RM686.6m (up 30% from FY 2021). Net income: RM41.7m (up 1.2% from FY 2021). Profit margin: 6.1% (down from 7.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 29
LB Aluminium Berhad Proposes First and Final Single Tier Dividend for the Financial Year Ended April 30, 2022 The Board of Directors of LB Aluminium Berhad proposed a first and final single tier dividend of 2.50 sen per ordinary share in respect of the financial year ended 30 April 2022 for the approval of the shareholders at the forthcoming Annual General Meeting of the Company. The proposed entitlement and payment dates for the first and final dividend shall be determined at a later date and announced accordingly. Reported Earnings • Mar 30
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: RM197.1m (up 37% from 3Q 2021). Net income: RM14.8m (flat on 3Q 2021). Profit margin: 7.5% (down from 10% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 11
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.016 (down from RM0.021 in 2Q 2021). Revenue: RM158.8m (up 27% from 2Q 2021). Net income: RM6.83m (down 27% from 2Q 2021). Profit margin: 4.3% (down from 7.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 25
Upcoming dividend of RM0.025 per share Eligible shareholders must have bought the stock before 01 November 2021. Payment date: 16 November 2021. Trailing yield: 2.5%. Lower than top quartile of Malaysian dividend payers (4.2%). Higher than average of industry peers (0.7%). Reported Earnings • Oct 01
First quarter 2022 earnings released: EPS RM0.007 (vs RM0.01 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: RM114.5m (up 1.4% from 1Q 2021). Net income: RM3.04m (down 30% from 1Q 2021). Profit margin: 2.7% (down from 3.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Sep 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. Independent Non Executive Director Kat Chew was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. Independent Non Executive Director Kat Chew was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Sep 07
Secretary Bee Lian Ng has left the company On the 3rd of September, Bee Lian Ng's tenure as Secretary ended. We don't have any record of a personal shareholding under Bee Lian's name. A total of 2 executives have left over the last 12 months. Executive Departure • Sep 07
Company Secretary Sit Lee Yap has left the company On the 3rd of September, Sit Lee Yap's tenure as Company Secretary ended after 5.2 years in the role. We don't have any record of a personal shareholding under Sit Lee's name. A total of 2 executives have left over the last 12 months. Board Change • Sep 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 9 highly experienced directors. Independent Non Executive Director Kat Chew was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 30
Full year 2021 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM527.2m (up 15% from FY 2020). Net income: RM41.8m (up RM38.0m from FY 2020). Profit margin: 7.9% (up from 0.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 35% share price gain to RM1.02, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 19x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 78% over the past three years. 