Announcement • Jul 22
Cyl Corporation Berhad Declares Interim Single Tier Dividend for the Financial Year Ending 31 January 2027, Payable on 19 August 2026 CYL Corporation Berhad has declared an Interim Single Tier Dividend of 0.5 sen per ordinary share in respect of the financial year ending 31 January 2027, payable on 19 August 2026 to shareholders whose names appear in the Record of Depositors as at 5.00 p.m. on 6 August 2026. Ex-Date 5 August 2026. Reported Earnings • Jun 23
First quarter 2027 earnings released: EPS: RM0.013 (vs RM0.015 in 1Q 2026) First quarter 2027 results: EPS: RM0.013 (down from RM0.015 in 1Q 2026). Revenue: RM11.2m (down 19% from 1Q 2026). Net income: RM1.31m (down 15% from 1Q 2026). Profit margin: 12% (in line with 1Q 2026). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • May 28
CYL Corporation Berhad, Annual General Meeting, Jul 21, 2026 CYL Corporation Berhad, Annual General Meeting, Jul 21, 2026, at 10:00 Singapore Standard Time. Location: corporate meetings by envivo, ground floor lobby 1, crystal plaza, no. 4, jalan 51a/223, 46100 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • Mar 26
Full year 2026 earnings released: EPS: RM0.029 (vs RM0.004 loss in FY 2025) Full year 2026 results: EPS: RM0.029 (up from RM0.004 loss in FY 2025). Revenue: RM48.3m (flat on FY 2025). Net income: RM2.85m (up RM3.25m from FY 2025). Profit margin: 5.9% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 19
Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.005 in 3Q 2025) Third quarter 2026 results: EPS: RM0.005 (in line with 3Q 2025). Revenue: RM11.4m (up 1.8% from 3Q 2025). Net income: RM470.0k (flat on 3Q 2025). Profit margin: 4.1% (down from 4.2% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 26
Second quarter 2026 earnings released: EPS: RM0.012 (vs RM0.003 in 2Q 2025) Second quarter 2026 results: EPS: RM0.012 (up from RM0.003 in 2Q 2025). Revenue: RM12.1m (down 13% from 2Q 2025). Net income: RM1.20m (up 295% from 2Q 2025). Profit margin: 9.9% (up from 2.2% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Jul 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (RM30.5m market cap, or US$7.18m). Minor Risk Dividend is not well covered by cash flows (435% cash payout ratio). New Risk • Jul 09
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 435% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (RM31.0m market cap, or US$7.30m). Minor Risks Dividend is not well covered by cash flows (435% cash payout ratio). Share price has been volatile over the past 3 months (9.8% average weekly change). Announcement • Jun 27
CYL Corporation Berhad Announces an Interim Tax Exempt Dividend for the Financial the Year Ending 31 January 2026, Payable on 23 July 2025 CYL Corporation Berhad announced an interim tax exempt dividend of 0.50 sen per ordinary share amounting to MYR 500,000 has been declared for the financial the year ending 31 January 2026. The interim tax exempt dividend will be paid on 23 July 2025 to shareholders whose name the appear in the Record of Depositors on 14 July 2025. Reported Earnings • Jun 26
First quarter 2026 earnings released: EPS: RM0.015 (vs RM0.001 loss in 1Q 2025) First quarter 2026 results: EPS: RM0.015 (up from RM0.001 loss in 1Q 2025). Revenue: RM13.8m (up 17% from 1Q 2025). Net income: RM1.53m (up RM1.61m from 1Q 2025). Profit margin: 11% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • May 29
CYL Corporation Berhad, Annual General Meeting, Jul 29, 2025 CYL Corporation Berhad, Annual General Meeting, Jul 29, 2025, at 10:00 Singapore Standard Time. Location: ballroom 2, lg level, eastin hotel, 13, jalan 16/11, pusat dagang seksyen 16, 46350 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • Mar 28
Full year 2025 earnings released: RM0.004 loss per share (vs RM0.016 loss in FY 2024) Full year 2025 results: RM0.004 loss per share (improved from RM0.016 loss in FY 2024). Revenue: RM48.1m (up 12% from FY 2024). Net loss: RM404.0k (loss narrowed 74% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Declared Dividend • Jan 05
Dividend of RM0.005 announced Shareholders will receive a dividend of RM0.005. Ex-date: 20th January 2025 Payment date: 4th February 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.4% to shift the payout ratio to a potentially unsustainable range, which is less than the 18% EPS decline seen over the last 5 years. Announcement • Jan 03
Cyl Corporation Berhad Declares Interim Single Tier Dividend in Respect of the Financial Year Ending 31 January 2025, Payable on 04 February 2025 CYL Corporation Berhad declared interim Single Tier Dividend of 0.50 sen per ordinary share in respect of the financial year ending 31 January 2025. Ex-Date is 20 Jan 2025, Entitlement date is 21 Jan 2025 and Payment Date is 04 Feb. 2025. Reported Earnings • Dec 21
Third quarter 2025 earnings released: EPS: RM0.005 (vs RM0.007 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.005 (up from RM0.007 loss in 3Q 2024). Revenue: RM11.2m (up 5.0% from 3Q 2024). Net income: RM472.0k (up RM1.14m from 3Q 2024). Profit margin: 4.2% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. New Risk • Nov 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM44.0m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (RM44.0m market cap, or US$9.99m). Reported Earnings • Oct 02
Second quarter 2025 earnings released: EPS: RM0.003 (vs RM0 in 2Q 2024) Second quarter 2025 results: EPS: RM0.003 (up from RM0 in 2Q 2024). Revenue: RM14.0m (up 18% from 2Q 2024). Net income: RM304.0k (up RM285.0k from 2Q 2024). Profit margin: 2.2% (up from 0.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 26
First quarter 2025 earnings released: RM0.001 loss per share (vs RM0.005 loss in 1Q 2024) First quarter 2025 results: RM0.001 loss per share (improved from RM0.005 loss in 1Q 2024). Revenue: RM11.9m (up 19% from 1Q 2024). Net loss: RM78.0k (loss narrowed 86% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • May 26
CYL Corporation Berhad, Annual General Meeting, Jul 18, 2024 CYL Corporation Berhad, Annual General Meeting, Jul 18, 2024, at 10:00 Singapore Standard Time. Announcement • May 16
CYL Corporation Berhad Announces the Resignation of Nurly Salmi Binti Ruhaiza as Company Secretary CYL Corporation Berhad announced the resignation of Nurly Salmi Binti Ruhaiza as Company Secretary of the company with effect from May 15, 2024. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM53.5m market cap, or US$11.3m). Reported Earnings • Dec 20
Third quarter 2024 earnings released: RM0.007 loss per share (vs RM0.002 loss in 3Q 2023) Third quarter 2024 results: RM0.007 loss per share (further deteriorated from RM0.002 loss in 3Q 2023). Revenue: RM10.8m (flat on 3Q 2023). Net loss: RM672.0k (loss widened 298% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Board Change • Oct 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent & Non Executive Director Abdul Bin A. Rahman was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.003 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0 (improved from RM0.003 loss in 2Q 2023). Revenue: RM12.0m (up 10% from 2Q 2023). Net income: RM19.0k (up RM306.0k from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Jun 28
First quarter 2024 earnings released: RM0.005 loss per share (vs RM0.005 profit in 1Q 2023) First quarter 2024 results: RM0.005 loss per share (down from RM0.005 profit in 1Q 2023). Revenue: RM9.98m (down 28% from 1Q 2023). Net loss: RM539.0k (down 201% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • May 25
CYL Corporation Berhad, Annual General Meeting, Jul 20, 2023 CYL Corporation Berhad, Annual General Meeting, Jul 20, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the fi nancial year ended 31 January 2023 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors; to approve the Non-Executive Directors' fees of RM468,000 for the period commencing on the date immediately after the Twenty-Third Annual General Meeting up to the date of the next Annual General Meeting to be held in 2024; to approve the Non-Executive Directors' benefi ts of RM30,000 for the period commencing on the date immediately after the Twenty-Third Annual General Meeting up to the date of the next Annual General Meeting to be held in 2024; to re-appoint Mazars PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Apr 01
Full year 2023 earnings released: RM0.002 loss per share (vs RM0.014 profit in FY 2022) Full year 2023 results: RM0.002 loss per share (down from RM0.014 profit in FY 2022). Revenue: RM45.1m (down 8.9% from FY 2022). Net loss: RM176.0k (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Dec 20
Third quarter 2023 earnings released: RM0.002 loss per share (vs RM0.024 profit in 3Q 2022) Third quarter 2023 results: RM0.002 loss per share (down from RM0.024 profit in 3Q 2022). Revenue: RM10.8m (down 10% from 3Q 2022). Net loss: RM169.0k (down 107% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Kok Ling Gan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 25% share price gain to RM1.24, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 10x in the Packaging industry in Malaysia. Total returns to shareholders of 271% over the past three years. Announcement • Sep 20
CYL Corporation Berhad Appoints Chen Teck Sun, Age 47, as Executive Director CYL Corporation Berhad announced appointment of Mr. Chen Teck Sun, age 47, as Executive Director, Date of change 19 September 2022. Mr. Chen Teck Sun joined Perusahaan Jaya Plastik (M) Sdn. Bhd. ("PJP"), subsidiary of CYL Corporation Berhad ("CYL") in 2000. He was appointed as the General Manager of PJP on 23 March 2014, primarily responsible for CYL Group's Manufacturing Operations, Product Development and Sales Division. Mr. Chen Teck Sun is the son of Mr. Chen Yat Lee (Director & Major Shareholder) and brother of Mr. Chen Teck Shin (Director & Major Shareholder) and Ms. Chen Wai Ling (Director). Reported Earnings • Sep 20
Second quarter 2023 earnings released: RM0.003 loss per share (vs RM0.009 loss in 2Q 2022) Second quarter 2023 results: RM0.003 loss per share (improved from RM0.009 loss in 2Q 2022). Revenue: RM10.9m (down 3.6% from 2Q 2022). Net loss: RM287.0k (loss narrowed 68% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2022 earnings released: EPS: RM0.014 (vs RM0.016 in FY 2021) Full year 2022 results: EPS: RM0.014 (down from RM0.016 in FY 2021). Revenue: RM49.8m (up 17% from FY 2021). Net income: RM1.35m (down 16% from FY 2021). Profit margin: 2.7% (down from 3.8% 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 62% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 28
CYL Corporation Berhad, Annual General Meeting, Jul 28, 2022 CYL Corporation Berhad, Annual General Meeting, Jul 28, 2022, at 10:00 Singapore Standard Time. Location: Ballroom 2, LG Level, Eastin Hotel, 13, Jalan 16/11 Pusat Dagang Seksyen 16, 46350 Petaling Jaya Darul Ehsan Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 January 2022 together with the Directors' and Auditors' Reports thereon; to consider board changes; to re-appoint Mazars PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to transact any other business for which due notice is given in accordance with the Companies Act 2016 and the Constitution. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: RM0.014 (vs RM0.016 in FY 2021) Full year 2022 results: EPS: RM0.014 (down from RM0.016 in FY 2021). Revenue: RM49.9m (up 17% from FY 2021). Net income: RM1.35m (down 16% from FY 2021). Profit margin: 2.7% (down from 3.8% 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 62% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 23
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: RM0.025 (up from RM0.005 in 3Q 2021). Revenue: RM12.1m (down 2.4% from 3Q 2021). Net income: RM2.45m (up 417% from 3Q 2021). Profit margin: 20% (up from 3.8% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 21
Second quarter 2022 earnings released: RM0.009 loss per share (vs RM0.006 profit in 2Q 2021) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: RM11.3m (up 7.1% from 2Q 2021). Net loss: RM888.0k (down 244% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 14
First quarter 2022 earnings released: RM0.001 loss per share (vs RM0.004 profit in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: RM12.9m (up 41% from 1Q 2021). Net loss: RM140.0k (down 133% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS RM0.016 (vs RM0.002 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM42.7m (up 1.9% from FY 2020). Net income: RM1.61m (up RM1.45m from FY 2020). Profit margin: 3.8% (up from 0.4% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 24
New 90-day high: RM0.58 The company is up 61% from its price of RM0.36 on 26 November 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 15% over the same period. Reported Earnings • Dec 23
Third quarter 2021 earnings released: EPS RM0.005 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: RM12.4m (up 13% from 3Q 2020). Net income: RM474.0k (up 249% from 3Q 2020). Profit margin: 3.8% (up from 1.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Dec 23
CYL Corporation Berhad Appoints Mr. Chen Teck Sun as Executive Director CYL Corporation Berhad appointed Mr. Chen Teck Sun as alternate executive director of the company with effect from December 21, 2020. Is New 90 Day High Low • Dec 04
New 90-day high: RM0.48 The company is up 30% from its price of RM0.37 on 03 September 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 17% over the same period. 
