Upcoming Dividend • Jun 22
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 24 July 2026. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (1.5%). Announcement • Jun 13
Leon Fuat Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2025 Leon Fuat Berhad at its Annual General Meeting held on June 12, 2026, approved a final single tier dividend of 1.0 sen per share for the financial year ended 31 December 2025. Reported Earnings • May 31
First quarter 2026 earnings released: EPS: RM0.012 (vs RM0.004 in 1Q 2025) First quarter 2026 results: EPS: RM0.012 (up from RM0.004 in 1Q 2025). Revenue: RM214.8m (up 1.1% from 1Q 2025). Net income: RM4.05m (up 189% from 1Q 2025). Profit margin: 1.9% (up from 0.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
Leon Fuat Berhad, Annual General Meeting, Jun 12, 2026 Leon Fuat Berhad, Annual General Meeting, Jun 12, 2026, at 14:30 Singapore Standard Time. Location: greens iii, sports wing, tropicana golf & country resort, jalan kelab tropicana, 47410 petaling jaya, selangor, Malaysia Declared Dividend • Apr 12
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 29th June 2026 Payment date: 24th July 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (17% cash payout ratio). 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 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 18% EPS decline seen over the last 5 years. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.034 (vs RM0.022 in FY 2024) Full year 2025 results: EPS: RM0.034 (up from RM0.022 in FY 2024). Revenue: RM907.3m (down 2.3% from FY 2024). Net income: RM11.5m (up 52% from FY 2024). Profit margin: 1.3% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 28
Third quarter 2025 earnings released: EPS: RM0.014 (vs RM0 in 3Q 2024) Third quarter 2025 results: EPS: RM0.014 (up from RM0 in 3Q 2024). Revenue: RM248.1m (up 7.7% from 3Q 2024). Net income: RM4.83m (up RM4.66m from 3Q 2024). Profit margin: 1.9% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: RM0.016 (vs RM0.012 in 2Q 2024) Second quarter 2025 results: EPS: RM0.016 (up from RM0.012 in 2Q 2024). Revenue: RM228.8m (flat on 2Q 2024). Net income: RM5.37m (up 33% from 2Q 2024). Profit margin: 2.3% (up from 1.8% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 19
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 26 June 2025. Payment date: 22 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (1.9%). Announcement • Jun 13
Leon Fuat Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2024 Leon Fuat Berhad at its general meeting held on June 13, 2025 approved final single tier dividend of 1.0 sen per share for the financial year ended 31 December 2024. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: RM0.004 (vs RM0.024 in 1Q 2024) First quarter 2025 results: EPS: RM0.004 (down from RM0.024 in 1Q 2024). Revenue: RM212.5m (down 5.7% from 1Q 2024). Net income: RM1.40m (down 83% from 1Q 2024). Profit margin: 0.7% (down from 3.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Leon Fuat Berhad, Annual General Meeting, Jun 13, 2025 Leon Fuat Berhad, Annual General Meeting, Jun 13, 2025, at 14:30 Singapore Standard Time. Location: greens iii, sports wing, tropicana golf & country resort, jalan kelab tropicana, 47410 petaling jaya, selangor, Malaysia Announcement • Apr 13
Leon Fuat Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended 31 December 2024, Payable on July 22 2025 Leon Fuat Berhad proposed final single-tier dividend of 1.0 sen per share in respect of the financial year ended 31 December 2024. Ex-date is 26 June 2025. Payment date is 22 July 2025. Entitlement date 30 June 2025. The proposed final dividend is subject to shareholders' approval at the forthcoming 18th Annual General Meeting of the Company. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.022 (vs RM0.11 in FY 2023) Full year 2024 results: EPS: RM0.022 (down from RM0.11 in FY 2023). Revenue: RM928.7m (flat on FY 2023). Net income: RM7.53m (down 79% from FY 2023). Profit margin: 0.8% (down from 3.9% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: RM0.001 (vs RM0.016 in 3Q 2023) Third quarter 2024 results: EPS: RM0.001 (down from RM0.016 in 3Q 2023). Revenue: RM230.4m (down 2.5% from 3Q 2023). Net income: RM162.0k (down 97% from 3Q 2023). Profit margin: 0.1% (down from 2.3% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: RM227.0m (up 4.4% from 2Q 2023). Net income: RM4.03m (down 66% from 2Q 2023). Profit margin: 1.8% (down from 5.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 20
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Malaysian dividend payers (4.6%). Higher than average of industry peers (1.5%). Announcement • Jun 14
Leon Fuat Berhad Approves final Single Tier Dividend for the Financial Year Ended 31 December 2023 Leon Fuat Berhad at the general meeting held on June 13, 2024 approved a final single tier dividend of 1.5 sen per share for the financial year ended 31 December 2023. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: RM0.024 (vs RM0.031 in 1Q 2023) First quarter 2024 results: EPS: RM0.024 (down from RM0.031 in 1Q 2023). Revenue: RM225.3m (down 3.6% from 1Q 2023). Net income: RM8.22m (down 23% from 1Q 2023). Profit margin: 3.6% (down from 4.6% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 11
Dividend of RM0.015 announced Shareholders will receive a dividend of RM0.015. Ex-date: 27th June 2024 Payment date: 19th July 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 4.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.11 (vs RM0.087 in FY 2022) Full year 2023 results: EPS: RM0.11 (up from RM0.087 in FY 2022). Revenue: RM928.0m (down 9.5% from FY 2022). Net income: RM36.0m (up 22% from FY 2022). Profit margin: 3.9% (up from 2.9% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Dec 23
Leon Fuat Berhad Announces Resignation of Mr. Tan Did Heng as Independent and Non Executive Member of Remuneration Committee Effective December 31, 2023 Leon Fuat Berhad announced resignation of Mr. Tan Did Heng, 52-year-old, male, as Independent and Non Executive Member of Remuneration Committee effective December 31, 2023. Composition of Remuneration Committee (Name and Directorate of members after change): Thien Shy Wei (Chairman, Independent Non-Executive Director); Chan Kee Loin (Member, Independent Non-Executive Director). Reported Earnings • Nov 28
Third quarter 2023 earnings released: EPS: RM0.016 (vs RM0.009 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0.016 (up from RM0.009 loss in 3Q 2022). Revenue: RM236.4m (down 10% from 3Q 2022). Net income: RM5.34m (up RM8.57m from 3Q 2022). Profit margin: 2.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. 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 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: RM0.035 (vs RM0.041 in 2Q 2022) Second quarter 2023 results: EPS: RM0.035 (down from RM0.041 in 2Q 2022). Revenue: RM217.4m (down 13% from 2Q 2022). Net income: RM11.9m (down 15% from 2Q 2022). Profit margin: 5.5% (down from 5.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 15
Upcoming dividend of RM0.015 per share at 3.0% yield Eligible shareholders must have bought the stock before 22 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 76%. Trailing yield: 3.0%. Lower than top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (1.8%). Reported Earnings • May 30
First quarter 2023 earnings released: EPS: RM0.032 (vs RM0.07 in 1Q 2022) First quarter 2023 results: EPS: RM0.032 (down from RM0.07 in 1Q 2022). Revenue: RM233.7m (down 14% from 1Q 2022). Net income: RM10.7m (down 55% from 1Q 2022). Profit margin: 4.6% (down from 8.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: RM0.087 (vs RM0.41 in FY 2021) Full year 2022 results: EPS: RM0.087 (down from RM0.41 in FY 2021). Revenue: RM1.03b (up 16% from FY 2021). Net income: RM29.6m (down 78% from FY 2021). Profit margin: 2.9% (down from 15% 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 51% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 03
Third quarter 2022 earnings released: RM0.009 loss per share (vs RM0.11 profit in 3Q 2021) Third quarter 2022 results: RM0.009 loss per share (down from RM0.11 profit in 3Q 2021). Revenue: RM263.0m (up 11% from 3Q 2021). Net loss: RM3.23m (down 108% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent & Non Executive Chairman James Lim was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 30
Second quarter 2022 earnings released: EPS: RM0.041 (vs RM0.098 in 2Q 2021) Second quarter 2022 results: EPS: RM0.041 (down from RM0.098 in 2Q 2021). Revenue: RM250.9m (up 36% from 2Q 2021). Net income: RM14.0m (down 56% from 2Q 2021). Profit margin: 5.6% (down from 17% in 2Q 2021). 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 only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 07
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 5.5% but the company is not cash flow positive. Trailing yield: 7.0%. Within top quartile of Malaysian dividend payers (5.0%). Higher than average of industry peers (1.9%). Reported Earnings • May 31
First quarter 2022 earnings released: EPS: RM0.07 (vs RM0.12 in 1Q 2021) First quarter 2022 results: EPS: RM0.07 (down from RM0.12 in 1Q 2021). Revenue: RM273.0m (up 29% from 1Q 2021). Net income: RM23.9m (down 34% from 1Q 2021). Profit margin: 8.8% (down from 17% 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 90% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 02
Leon Fuat Berhad, Annual General Meeting, Jun 28, 2022 Leon Fuat Berhad, Annual General Meeting, Jun 28, 2022, at 14:30 Singapore Standard Time. Location: Greens III, Sports Wing, Tropicana Golf & Country Resort Jalan Kelab Tropicana, 47410 Petaling Jaya Selangor Darul Ehsan Selangor Malaysia Agenda: To approve the payment of Director's fees and allowances up to RM1,200,000 from 29 June 2022 until the next AGM of the Company; to approve a final single tier dividend of 2.0 sen per share for the financial year ended 31 December 2021; to re-elect Dato' Sri Ooi Bin Keong who retires in accordance with Article 92 of the Company's Constitution; to re-elect Tan Did Heng who retires in accordance with Article 92 of the Company's Constitution; to re-elect Tan Sack Sen who retires in accordance with Article 92 of the Company's Constitution; to re-elect Dato' Lim Cheng Poh who retires in accordance with Article 99 of the Company's Constitution; to re-appoint Messrs Baker Tilly Monteiro Heng PLT as the Company's Auditors and to authorise the Directors to fix their remuneration; and to transact other matters. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent & Non Executive Chairman James Lim was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Leon Fuat Berhad Announces Dividend for the Financial Year Ended 31 December 2021, Payable on 05 Aug. 2022 Leon Fuat Berhad announced dividend of MYR 0.0200 per share in respect of the financial year ended 31 December 2021, payable on 05 Aug. 2022 and Ex-Date of 14 Jul. 2022. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.41 (up from RM0.092 in FY 2020). Revenue: RM886.6m (up 50% from FY 2020). Net income: RM136.0m (up 378% from FY 2020). Profit margin: 15% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 30
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: RM0.11 (up from RM0.022 in 3Q 2020). Revenue: RM236.1m (up 44% from 3Q 2020). Net income: RM38.7m (up 472% from 3Q 2020). Profit margin: 16% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% 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 10
Second quarter 2021 earnings released: EPS RM0.098 (vs RM0.009 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM184.8m (up 73% from 2Q 2020). Net income: RM32.1m (up RM29.4m from 2Q 2020). Profit margin: 17% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorated over the past week After last week's 17% share price decline to RM1.01, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 11x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 66% over the past three years. Upcoming Dividend • Jun 10
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 01 July 2021. Trailing yield: 3.4%. Lower than top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (0.6%). Announcement • May 29
Leon Fuat Berhad First Interim Dividend, Payment Date is June 18, 2021 Leon Fuat Berhad announced First Interim Dividend of 2.0 sen per Ordinary Share for the Financial Year Ending 31 December 2021. Ex-date is June 17, 2021. Payment Date is June 18, 2021. Reported Earnings • May 28
First quarter 2021 earnings released: EPS RM0.12 (vs RM0.003 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM211.5m (up 76% from 1Q 2020). Net income: RM36.1m (up RM35.1m from 1Q 2020). Profit margin: 17% (up from 0.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to RM1.06, the stock trades at a trailing P/E ratio of 11.5x. Average forward P/E is 12x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 35% share price gain to RM1.24, the stock trades at a trailing P/E ratio of 13.5x. Average forward P/E is 14x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 86% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day high: RM0.68 The company is up 52% from its price of RM0.45 on 27 November 2020. The Malaysian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 40% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: RM0.54 The company is up 71% from its price of RM0.32 on 25 September 2020. The Malaysian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 62% over the same period. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS RM0.022 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM163.8m (up 14% from 3Q 2019). Net income: RM6.76m (up 269% from 3Q 2019). Profit margin: 4.1% (up from 1.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 18
New 90-day high: RM0.34 The company is up 8.0% from its price of RM0.32 on 18 August 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 23% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: RM0.29 The company is down 5.0% from its price of RM0.30 on 22 July 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. Announcement • Aug 28
Leon Fuat Berhad Announces Redesignation of Mr. Ooi Seng Khong from Executive Director to Group Managing Director, Effective October 1, 2020 On August 27, 2020, Leon Fuat Berhad announced redesignation of Mr. Ooi Seng Khong from Executive Director to Group Managing Director, effective October 1, 2020.