Upcoming Dividend • 12h
Upcoming dividend of RM0.07 per share Eligible shareholders must have bought the stock before 02 July 2026. Payment date: 17 July 2026. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Malaysian dividend payers (5.4%). Higher than average of industry peers (1.6%). Announcement • Jun 12
Lysaght Galvanized Steel Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2025 Lysaght Galvanized Steel Berhad at its Annual General Meeting held 11 June 2026, approved final single tier dividend of 7 sen per ordinary share for the financial year ended 31 December 2025. New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (RM100.2m market cap, or US$25.3m). Reported Earnings • May 23
First quarter 2026 earnings released: EPS: RM0.074 (vs RM0.036 in 1Q 2025) First quarter 2026 results: EPS: RM0.074 (up from RM0.036 in 1Q 2025). Revenue: RM19.7m (up 8.5% from 1Q 2025). Net income: RM3.10m (up 108% from 1Q 2025). Profit margin: 16% (up from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • May 01
Final dividend of RM0.07 announced Dividend of RM0.07 is the same as last year. Ex-date: 2nd July 2026 Payment date: 17th July 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 9.2% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years. Announcement • Apr 29
Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 11, 2026 Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 11, 2026, at 10:00 Singapore Standard Time. Location: ballroom 1, level 6, weil hotel, 292, jalan sultan idris shah, 30000 ipoh, perak darul ridzuan, Malaysia Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: RM0.18 (vs RM0.30 in FY 2024) Full year 2025 results: EPS: RM0.18 (down from RM0.30 in FY 2024). Revenue: RM80.2m (down 15% from FY 2024). Net income: RM7.34m (down 42% from FY 2024). Profit margin: 9.1% (down from 13% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • Feb 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 7.7% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Market cap is less than US$100m (RM101.9m market cap, or US$25.9m). Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: RM0.053 (vs RM0.12 in 3Q 2024) Third quarter 2025 results: EPS: RM0.053 (down from RM0.12 in 3Q 2024). Revenue: RM21.9m (down 17% from 3Q 2024). Net income: RM2.22m (down 54% from 3Q 2024). Profit margin: 10% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: RM0.027 (vs RM0.067 in 2Q 2024) Second quarter 2025 results: EPS: RM0.027 (down from RM0.067 in 2Q 2024). Revenue: RM19.2m (down 19% from 2Q 2024). Net income: RM1.13m (down 60% from 2Q 2024). Profit margin: 5.9% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 25
Upcoming dividend of RM0.07 per share Eligible shareholders must have bought the stock before 02 July 2025. Payment date: 17 July 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (2.0%). Announcement • Jun 12
Lysaght Galvanized Steel Berhad Approves Final Single Tier Dividend for the Financial Year Ended 31 December 2024 Lysaght Galvanized Steel Berhad at its AGM held on June 12, 2025, approved final single tier dividend of 7 sen per ordinary share for the financial year ended 31 December 2024. Reported Earnings • May 17
First quarter 2025 earnings released: EPS: RM0.036 (vs RM0.086 in 1Q 2024) First quarter 2025 results: EPS: RM0.036 (down from RM0.086 in 1Q 2024). Revenue: RM18.2m (down 19% from 1Q 2024). Net income: RM1.49m (down 59% from 1Q 2024). Profit margin: 8.2% (down from 16% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 02
Dividend of RM0.07 announced Shareholders will receive a dividend of RM0.07. Ex-date: 2nd July 2025 Payment date: 17th July 2025 Dividend yield will be 19%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 29
Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 12, 2025 Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 12, 2025, at 10:00 Singapore Standard Time. Location: lavender hall, level 3, kinta riverfront hotel & suites, kinta riverfront, jalan lim bo seng, 30000 ipoh, perak darul ridzuan, Malaysia Reported Earnings • Feb 21
Full year 2024 earnings released: EPS: RM0.30 (vs RM0.27 in FY 2023) Full year 2024 results: EPS: RM0.30 (up from RM0.27 in FY 2023). Revenue: RM94.5m (up 12% from FY 2023). Net income: RM12.7m (up 13% from FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to RM2.79, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 65% over the past three years. Upcoming Dividend • Nov 21
Upcoming dividend of RM0.35 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (1.9%). Buy Or Sell Opportunity • Nov 18
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 32% to RM3.43. The fair value is estimated to be RM2.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 44%. Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: RM0.12 (vs RM0.071 in 3Q 2023) Third quarter 2024 results: EPS: RM0.12 (up from RM0.071 in 3Q 2023). Revenue: RM26.5m (up 9.2% from 3Q 2023). Net income: RM4.79m (up 62% from 3Q 2023). Profit margin: 18% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RM3.18, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 69% over the past three years. Upcoming Dividend • Aug 31
Upcoming dividend of RM0.08 per share Eligible shareholders must have bought the stock before 05 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.7%). Declared Dividend • Aug 17
First half dividend of RM0.08 announced Shareholders will receive a dividend of RM0.08. Ex-date: 5th September 2024 Payment date: 27th September 2024 Dividend yield will be 5.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (18% 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 7.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: RM0.067 (vs RM0.057 in 2Q 2023) Second quarter 2024 results: EPS: RM0.067 (up from RM0.057 in 2Q 2023). Revenue: RM23.8m (up 21% from 2Q 2023). Net income: RM2.79m (up 17% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of RM0.05 per share Eligible shareholders must have bought the stock before 03 July 2024. Payment date: 24 July 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (1.5%). Announcement • Jun 14
Lysaght Galvanized Steel Berhad Declares Final Single Tier Dividend for the Financial Year Ended 31 December 2023 Lysaght Galvanized Steel Berhad at its Forty-Fifth Annual General Meeting held on 13 June 2024, declared a final single tier dividend of 5 sen per ordinary share for the financial year ended 31 December 2023. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: RM0.086 (vs RM0.065 in 1Q 2023) First quarter 2024 results: EPS: RM0.086 (up from RM0.065 in 1Q 2023). Revenue: RM22.5m (up 32% from 1Q 2023). Net income: RM3.59m (up 34% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 01
Final dividend increased to RM0.05 Dividend of RM0.05 is 67% higher than last year. Ex-date: 3rd July 2024 Payment date: 24th July 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (23% 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 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 01
Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 13, 2024 Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 13, 2024, at 10:00 Singapore Standard Time. Location: Ballroom 1, Level 6, Weil Hotel, 292, Jalan Sultan Idris Shah, 30000 Ipoh Ipoh Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Directors' and Auditors' Reports thereon; to declare a final single tier dividend of 5 sen per ordinary share for the financial year ended 31 December 2023; to approve the payment of Directors' Fees for an amount of up to RM550,000/- for the financial year ending 31 December 2024 to the Non-Executive Directors; to approve the payment of the meeting allowances for an amount of up to RM130,000/- for the financial year ending 31 December 2024 to the Non-Executive Directors; to re-elect the following Directors who retire pursuant to Article 23.4 of the Company's Constitution and who have offered themselves for re-election; and to discuss other matters. Announcement • Apr 30
Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Year Ended 31 December 2023, Payable on July 24, 2024 Lysaght Galvanized Steel Berhad at its general meeting to be held on June 13, 2024 proposed final single tier dividend of 5 sen per ordinary share for the financial year ended 31 December 2023. Ex-Date is July 3, 2024, Entitlement date is July 4, 2024 and payment date is July 24, 2024. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: RM0.27 (vs RM0.17 in FY 2022) Full year 2023 results: EPS: RM0.27 (up from RM0.17 in FY 2022). Revenue: RM84.3m (up 20% from FY 2022). Net income: RM11.2m (up 59% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 23
Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 31 December 2023 The Board of Directors of Lysaght Galvanized Steel Berhad announced that the Directors have on 22 February 2024 proposed a final single tier dividend of 5 sen per ordinary share in Lysaght for the financial year ended 31 December 2023. The proposed dividend is subject to the approval of shareholders of the Company at the upcoming Annual General Meeting. Announcement • Jan 31
Lysaght Galvanized Steel Berhad Announces Resignation of Chua Tia Bon, Executive Director Lysaght Galvanized Steel Berhad announced resignation of Mr. Chua Tia Bon, age 73, from the position of Executive Director. Date of change is 31 January 2024. Directorate: Executive. Reason: Owing to the Company's restructuring exercise. Mr. Chua Tia Bon will be appointed as the Chief Executive Officer of the Company with effect from 1 February 2024. Mr. Chua Tia Bon remains as director of Lysaght Marketing Sdn. Bhd., a wholly owned subsidiary of the Company and Lysaght Marketing (S) Pte. Ltd., an indirect wholly-owned subsidiary of the Company. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to RM2.59, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 12x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 15% over the past three years. Reported Earnings • Nov 23
Third quarter 2023 earnings released: EPS: RM0.071 (vs RM0.051 in 3Q 2022) Third quarter 2023 results: EPS: RM0.071 (up from RM0.051 in 3Q 2022). Revenue: RM24.3m (up 26% from 3Q 2022). Net income: RM2.96m (up 39% from 3Q 2022). Profit margin: 12% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 31
Upcoming dividend of RM0.03 per share at 2.9% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Malaysian dividend payers (5.1%). Higher than average of industry peers (1.7%). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: RM0.057 (vs RM0.042 in 2Q 2022) Second quarter 2023 results: EPS: RM0.057 (up from RM0.042 in 2Q 2022). Revenue: RM19.8m (up 6.9% from 2Q 2022). Net income: RM2.38m (up 36% from 2Q 2022). Profit margin: 12% (up from 9.5% 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 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 26
Upcoming dividend of RM0.03 per share at 1.6% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (1.8%). Reported Earnings • May 19
First quarter 2023 earnings released: EPS: RM0.065 (vs RM0.032 in 1Q 2022) First quarter 2023 results: EPS: RM0.065 (up from RM0.032 in 1Q 2022). Revenue: RM17.0m (up 1.6% from 1Q 2022). Net income: RM2.69m (up 102% from 1Q 2022). Profit margin: 16% (up from 8.0% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: RM0.17 (vs RM0.082 in FY 2021) Full year 2022 results: EPS: RM0.17 (up from RM0.082 in FY 2021). Revenue: RM70.4m (up 22% from FY 2021). Net income: RM7.09m (up 107% from FY 2021). Profit margin: 10% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: RM0.051 (vs RM0.044 in 3Q 2021) Third quarter 2022 results: EPS: RM0.051 (up from RM0.044 in 3Q 2021). Revenue: RM19.3m (up 35% from 3Q 2021). Net income: RM2.13m (up 17% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
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. 3 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Sai Chong was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 15% share price gain to RM1.90, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 5x in the Metals and Mining industry in Malaysia. Total loss to shareholders of 18% over the past three years. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: RM0.042 (vs RM0.011 loss in 2Q 2021) Second quarter 2022 results: EPS: RM0.042 (up from RM0.011 loss in 2Q 2021). Revenue: RM18.5m (up 70% from 2Q 2021). Net income: RM1.76m (up RM2.21m from 2Q 2021). Profit margin: 9.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Jul 15
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. 6 experienced directors. 1 highly experienced director. Independent Non-Executive Director Sai Chong was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 24
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (1.8%). Reported Earnings • May 20
First quarter 2022 earnings released: EPS: RM0.032 (vs RM0.029 in 1Q 2021) First quarter 2022 results: EPS: RM0.032 (up from RM0.029 in 1Q 2021). Revenue: RM16.7m (up 8.8% from 1Q 2021). Net income: RM1.33m (up 12% from 1Q 2021). Profit margin: 8.0% (up from 7.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • May 02
Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 16, 2022 Lysaght Galvanized Steel Berhad, Annual General Meeting, Jun 16, 2022, at 10:00 Singapore Standard Time. Location: Ballroom 1, Level 6, Weil Hotel, 292 Jalan Sultan Idris Shah, 30000 Ipoh Perak Darul Ridzuan Perak Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021 together with the Directors' and Auditors' Reports thereon;to declare a final single tier dividend of 1 sen per ordinary share for the financial year ended 31 December 2021;to approve the payment of the meeting allowances up to RM107,000/- for the financial year ending 31 December 2022 to the Non-Executive Directors;to re-elect the directors;to transact any other business. Board Change • Apr 27
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. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Sai Chong was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 24
Lysaght Galvanized Steel Berhad Proposes Final Single Tier Dividend for the Financial Year Ended 31 December 2021 The Board of Directors of Lysaght announced that the Directors have on 23 February 2022 proposed a final single tier dividend of 1 sen per ordinary share in Lysaght for the financial year ended 31 December 2021. The proposed dividend is subject to the approval of shareholders of the Company at the forthcoming Annual General Meeting. Board Change • Jan 19
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. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Sai Chong was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: RM0.044 (up from RM0.018 in 3Q 2020). Revenue: RM14.2m (down 8.5% from 3Q 2020). Net income: RM1.83m (up 145% from 3Q 2020). Profit margin: 13% (up from 4.8% in 3Q 2020). 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 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. Reported Earnings • Aug 22
Second quarter 2021 earnings released: RM0.011 loss per share (vs RM0.022 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: RM10.9m (up 73% from 2Q 2020). Net loss: RM450.0k (loss narrowed 50% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 26
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 02 July 2021. Payment date: 16 July 2021. Trailing yield: 0.5%. Lower than top quartile of Malaysian dividend payers (4.0%). Lower than average of industry peers (0.7%). Announcement • Jun 03
Lysaght Galvanized Steel Berhad Announces Interim Single-Tier Dividend for the Financial Year Ended 31 December 2020, Payable on 16 July 2021 Lysaght Galvanized Steel Berhad announced Interim single-tier Dividend of 1 sen per ordinary share for the financial year ended 31 December 2020, payable on 16 July 2021 with ex-date as July 2, 2021 and entitlement date as July 5, 2021. Reported Earnings • May 25
First quarter 2021 earnings released: EPS RM0.029 (vs RM0.039 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: RM15.4m (up 4.5% from 1Q 2020). Net income: RM1.19m (down 26% from 1Q 2020). Profit margin: 7.7% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Apr 29
Lysaght Galvanized Steel Berhad Announces Final Dividend for the Financial Year Ended 31 December 2020, Payable on July 16, 2021 Lysaght Galvanized Steel Berhad announced final single tier dividend of 1 sen per ordinary share for the financial year ended 31 December 2020. The dividend is payable on July 16, 2021 with ex-date as July 2, 2021 and entitlement date as July 5, 2021. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS RM0.074 (vs RM0.22 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM54.9m (down 28% from FY 2019). Net income: RM3.07m (down 66% from FY 2019). Profit margin: 5.6% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. 