Reported Earnings • May 20
First quarter 2026 earnings released: EPS: RM0.007 (vs RM0.014 in 1Q 2025) First quarter 2026 results: EPS: RM0.007 (down from RM0.014 in 1Q 2025). Revenue: RM61.5m (down 3.6% from 1Q 2025). Net income: RM2.18m (down 50% from 1Q 2025). Profit margin: 3.5% (down from 6.7% in 1Q 2025). お知らせ • Apr 29
TSA Group Berhad, Annual General Meeting, Jun 16, 2026 TSA Group Berhad, Annual General Meeting, Jun 16, 2026, at 10:00 Singapore Standard Time. Location: conference room 1, 2nd floor, lot 3998, jalan 6/2a, taman industri selesa jaya, 43300 balakong, selangor, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.052 (vs RM0.058 in FY 2024) Full year 2025 results: EPS: RM0.052 (down from RM0.058 in FY 2024). Revenue: RM262.1m (down 9.8% from FY 2024). Net income: RM16.1m (down 8.1% from FY 2024). Profit margin: 6.1% (up from 6.0% in FY 2024). The increase in margin was driven by lower expenses. お知らせ • Dec 04
TSA Group Berhad Announces Interim Single-Tier Dividend for the Financial Year Ending 31 December 2025, Payable on 30 December 2025 TSA Group Berhad announced interim single-tier dividend of 1 cent per ordinary share in respect of the financial year ending 31 December 2025. The above Company's securities will be traded and quoted ‘Ex - Dividend’ as from: 17 December 2025. Date Payable: 30 December 2025. Declared Dividend • Dec 03
Third quarter dividend of ฿0.01 announced Shareholders will receive a dividend of ฿0.01. Ex-date: 17th December 2025 Payment date: 30th December 2025 Dividend yield will be 5.6%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (19% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 38% to shift the payout ratio to a potentially unsustainable range, which is less than the 44% EPS decline seen over the last 5 years. Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: RM0.009 (vs RM0.025 in 3Q 2024) Third quarter 2025 results: EPS: RM0.009 (down from RM0.025 in 3Q 2024). Revenue: RM67.5m (down 9.3% from 3Q 2024). Net income: RM2.90m (down 62% from 3Q 2024). Profit margin: 4.3% (down from 10% in 3Q 2024). The decrease in margin was driven by lower revenue. Upcoming Dividend • Aug 28
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 24 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.7%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: RM0.019 (vs RM0.025 in 2Q 2024) Second quarter 2025 results: EPS: RM0.019 (down from RM0.025 in 2Q 2024). Revenue: RM62.1m (down 17% from 2Q 2024). Net income: RM5.96m (down 23% from 2Q 2024). Profit margin: 9.6% (in line with 2Q 2024). New Risk • Jun 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (94% payout ratio). Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (RM222.7m market cap, or US$52.4m). Upcoming Dividend • May 29
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 05 June 2025. Payment date: 20 June 2025. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 8.3%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (4.0%). Reported Earnings • May 22
First quarter 2025 earnings released: EPS: RM1.39 (vs RM0.031 in 1Q 2024) First quarter 2025 results: EPS: RM1.39. Revenue: RM63.8m (down 23% from 1Q 2024). Net income: RM4.30m (down 9.9% from 1Q 2024). Profit margin: 6.7% (up from 5.7% in 1Q 2024). The increase in margin was driven by lower expenses. お知らせ • Apr 28
TSA Group Berhad, Annual General Meeting, Jun 18, 2025 TSA Group Berhad, Annual General Meeting, Jun 18, 2025, at 10:00 Singapore Standard Time. Location: conference room 1, 2nd floor, lot 3998, jalan 6/2a, taman industri selesa jaya, 43300 balakong, selangor, Malaysia New Risk • Mar 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 106% Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (RM244.3m market cap, or US$55.1m). Upcoming Dividend • Mar 03
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 10 March 2025. Payment date: 26 March 2025. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 8.3%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (4.5%). Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: RM0.06 (vs RM0.41 in FY 2023) Full year 2024 results: EPS: RM0.06. Revenue: RM290.7m (down 13% from FY 2023). Net income: RM18.1m (up 11% from FY 2023). Profit margin: 6.2% (up from 4.9% in FY 2023). The increase in margin was driven by lower expenses. Reported Earnings • Nov 28
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: RM74.5m (down 10% from 3Q 2023). Net income: RM7.71m (up 61% from 3Q 2023). Profit margin: 10% (up from 5.7% in 3Q 2023). The increase in margin was driven by lower expenses. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 6.9% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (RM250.5m market cap, or US$56.0m). お知らせ • May 02
TSA Group Berhad, Annual General Meeting, Jun 11, 2024 TSA Group Berhad, Annual General Meeting, Jun 11, 2024, at 10:00 Singapore Standard Time. Location: Manuka2&3,Level29, TowerA,VerticalBusinessSuite,Avenue3,BangsarSouth,No.8,JalanKerinchi,59200 Kuala Lumpur,Malaysia Kuala Lumpur Malaysia Agenda: To approve the payment of Directors' fees and benefits of upto RM 400,000.00 and RM 90,000.00 respectively payable to the Non-Executive Directors for the period from 1 January 2024 until the next Annual General Meeting of the Company; to re-elect Mr. ChewKuan Fahas Director; to re-elect Mr. Chew Yik Waias Director; to re-appoint Messrs Crowe Malaysia PLT as the Auditors of the Company; to grant authority to issue shares pursuant to the Companies Act 2016 and waiver of pre-emptive rights. お知らせ • Mar 29
Tsa Group Berhad Announces Resignation of Teo Soon Mei as Company Secretary TSA Group Berhad announced resignation of Teo Soon Mei as Company Secretary. Date of change is March 29, 2024. License No: MAICSA 7018590 . Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.41 (vs RM7.97 in FY 2022) Full year 2023 results: EPS: RM0.41 (down from RM7.97 in FY 2022). Revenue: RM332.6m (down 6.9% from FY 2022). Net income: RM16.3m (down 59% from FY 2022). Profit margin: 4.9% (down from 11% in FY 2022). Board Change • Feb 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Group MD & Director Kuan Fah Chew is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.