Announcement • Apr 29
Industronics Berhad, Annual General Meeting, Jun 26, 2026 Industronics Berhad, Annual General Meeting, Jun 26, 2026, at 10:00 Singapore Standard Time. Location: meeting room 3 (walinong sari), ames hotel melaka, jalan pkak 2, pusat komersial ayer keroh, 75450 malacca, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: RM0.01 loss per share (vs RM0.004 loss in FY 2024) Full year 2025 results: RM0.01 loss per share (further deteriorated from RM0.004 loss in FY 2024). Revenue: RM27.0m (down 6.2% from FY 2024). Net loss: RM7.07m (loss widened 131% from FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Feb 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Yih Ngan was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 20
Industronics Berhad Announces Resignation of Mr. Cheah Zhi Liangv as Executive Director, Effective December 18, 2025 Industronics Berhad announced the resignation of Mr. Cheah Zhi Liang as Executive Director in the executive directorate, effective December 18, 2025. Mr. Cheah Zhi Liang is 34 years old and of Malaysian nationality. The reason for his resignation is due to personal commitment. The Board of Directors of Company accepted his resignation on December 19, 2025. Reported Earnings • Nov 27
First quarter 2026 earnings released: RM0.002 loss per share (vs RM0.003 loss in 1Q 2025) First quarter 2026 results: RM0.002 loss per share (improved from RM0.003 loss in 1Q 2025). Revenue: RM8.92m (up 86% from 1Q 2025). Net loss: RM1.12m (loss narrowed 48% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Full year 2025 earnings released: RM0.009 loss per share (vs RM0.006 loss in FY 2024) Full year 2025 results: RM0.009 loss per share (further deteriorated from RM0.006 loss in FY 2024). Revenue: RM13.6m (down 75% from FY 2024). Net loss: RM6.62m (loss widened 64% from FY 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Jun 03
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: RM12m (US$2.8m) This is considered a minor risk. Companies with a small amount of revenue 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 Less than 1 year of cash runway based on free cash flow trend (-RM5.0m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (RM24.8m market cap, or US$5.82m). Minor Risk Revenue is less than US$5m (RM12m revenue, or US$2.8m). Reported Earnings • Jun 03
Third quarter 2025 earnings released: RM0.003 loss per share (vs RM0.001 profit in 3Q 2024) Third quarter 2025 results: RM0.003 loss per share (down from RM0.001 profit in 3Q 2024). Revenue: RM63.4k (down 91% from 3Q 2024). Net loss: RM2.21m (down 329% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 02
Second quarter 2025 earnings released: EPS: RM0 (vs RM0.001 in 2Q 2024) Second quarter 2025 results: EPS: RM0 (down from RM0.001 in 2Q 2024). Revenue: RM6.39m (up RM5.67m from 2Q 2024). Net income: RM280.2k (down 71% from 2Q 2024). Profit margin: 4.4% (down from 133% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
First quarter 2025 earnings released: RM0.003 loss per share (vs RM0.006 profit in 1Q 2024) First quarter 2025 results: RM0.003 loss per share (down from RM0.006 profit in 1Q 2024). Revenue: RM4.79m (down 69% from 1Q 2024). Net loss: RM2.14m (down 169% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Oct 29
Industronics Berhad, Annual General Meeting, Dec 26, 2024 Industronics Berhad, Annual General Meeting, Dec 26, 2024, at 14:30 Singapore Standard Time. Announcement • Sep 19
Industronics Berhad Announces Resignation of Liu Wing Yee Amy as Executive Director Industronics Berhad announced resignation of Miss. Liu Wing Yee Amy, age 37, as Executive Director, Due to personal commitment. Date of change is September 19, 2024. Reported Earnings • Aug 31
Full year 2024 earnings released: RM0.006 loss per share (vs RM0.009 loss in FY 2023) Full year 2024 results: RM0.006 loss per share (improved from RM0.009 loss in FY 2023). Revenue: RM54.8m (up 49% from FY 2023). Net loss: RM3.97m (loss narrowed 16% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (RM35.4m market cap, or US$7.55m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Oct 31
Industronics Berhad, Annual General Meeting, Dec 22, 2023 Industronics Berhad, Annual General Meeting, Dec 22, 2023, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial period ended 30 June 2023 together with the Reports of the Directors and the Auditors thereon; to approve the payment of Directors' fees of MYR 333,000 for the financial period ended 30 June 2023; to re-elect Ms. Liu Wing Yee Amy, the Director who retires by rotation in accordance with Clause 131 of the Constitution of the Company, and being eligible, has offered herself for re-election; to re-appoint Messrs Kreston John & Gan as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration; to consider authority to Directors pursuant to Sections 75 and 76 of the Companies Act 2016; and to consider other matters. Reported Earnings • Aug 30
Full year 2023 earnings released: RM0.009 loss per share (vs RM0.022 loss in FY 2022) Full year 2023 results: RM0.009 loss per share (improved from RM0.022 loss in FY 2022). Revenue: RM37.9m (up 8.7% from FY 2022). Net loss: RM4.43m (loss narrowed 43% from FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-RM16m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 8.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Market cap is less than US$10m (RM28.3m market cap, or US$6.10m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Reported Earnings • Mar 03
Full year 2022 earnings released: RM0.019 loss per share (vs RM0.018 loss in FY 2021) Full year 2022 results: RM0.019 loss per share (further deteriorated from RM0.018 loss in FY 2021). Revenue: RM35.9m (down 11% from FY 2021). Net loss: RM7.87m (loss widened 65% from FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 04
Third quarter 2022 earnings released: RM0.006 loss per share (vs RM0.007 loss in 3Q 2021) Third quarter 2022 results: RM0.006 loss per share. Revenue: RM8.09m (down 23% from 3Q 2021). Net loss: RM2.41m (loss widened 34% from 3Q 2021). Board Change • Dec 01
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. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Sandra Chan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 27
Industronics Berhad Reports Write Off of Property, Plant and Equipment for the Second Quarter Ended June 30, 2022 Industronics Berhad reported Write off of property, plant and equipment for the second quarter ended June 30, 2022. For the quarter, the company reported Write off of property, plant and equipment of MYR 226,000. Reported Earnings • Aug 27
Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.004 profit in 2Q 2021) Second quarter 2022 results: RM0.005 loss per share (down from RM0.004 profit in 2Q 2021). Revenue: RM7.43m (down 55% from 2Q 2021). Net loss: RM1.92m (down 319% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
First quarter 2022 earnings released: RM0.003 loss per share (vs RM0.006 loss in 1Q 2021) First quarter 2022 results: RM0.003 loss per share. Revenue: RM8.02m (up 75% from 1Q 2021). Net loss: RM1.05m (loss widened 23% from 1Q 2021). Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.018 loss per share (down from RM0.003 loss in FY 2020). Revenue: RM41.7m (up 139% from FY 2020). Net loss: RM4.69m (loss widened RM4.26m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 16
Industronics Berhad (KLSE:ITRONIC) entered into a non binding letter of agreement to acquire a 10% stake in Bluemount Financial Group Limited for MYR 12.5 million. Industronics Berhad (KLSE:ITRONIC) entered into a non binding letter of agreement to acquire a 10% stake in Bluemount Financial Group Limited for MYR 12.5 million on December 15, 2021. Reported Earnings • Dec 01
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: RM0.007 loss per share (down from RM0.001 loss in 3Q 2020). Revenue: RM10.5m (up 259% from 3Q 2020). Net loss: RM1.80m (loss widened RM1.67m from 3Q 2020). Revenue was in line with analyst estimates. 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 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 01
Second quarter 2021 earnings released: EPS RM0.004 (vs RM0.016 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM16.4m (up RM14.5m from 2Q 2020). Net income: RM878.6k (up RM2.97m from 2Q 2020). Profit margin: 5.4% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. 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 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 02
First quarter 2021 earnings released: RM0.006 loss per share (vs RM0.013 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: RM4.60m (up 27% from 1Q 2020). Net loss: RM855.4k (loss narrowed 52% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 25
Full year 2020 earnings released: RM0.003 loss per share (vs RM0.019 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: RM17.4m (up 13% from FY 2019). Net loss: RM428.0k (loss narrowed 81% from FY 2019). Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year. Is New 90 Day High Low • Feb 23
New 90-day high: RM0.49 The company is up 151% from its price of RM0.20 on 25 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 25% over the same period. Announcement • Dec 03
Lee Kwok Po acquired Industronics Technology Limited from Industronics Berhad (KLSE:ITRONIC) for HKD 0.8 million. Lee Kwok Po entered into a Share Sale Agreement to acquire Industronics Technology Limited from Industronics Berhad (KLSE:ITRONIC) for HKD 0.8 million on December 1, 2020. Post completion, Industronics Technology Limited has ceased to be a subsidiary of the Industronics Berhad. For the year ending December 31, 2019, net loss and net liability of Industronics Technology Limited was approximately HKD 2.1 million and approximately HKD 10.7 million respectively. The transaction is not subject to the approval of the shareholders of Industronics Berhad.
Lee Kwok Po completed the acquisition of Industronics Technology Limited from Industronics Berhad (KLSE:ITRONIC) on December 1, 2020. Announcement • Dec 01
Khoo Yick Wai entered into share sale agreement to acquire Great Voyage Berhad from Industronics Berhad (KLSE:ITRONIC) for MYR 1. Khoo Yick Wai entered into share sale agreement to acquire Great Voyage Berhad from Industronics Berhad (KLSE:ITRONIC) for MYR 1 on November 30, 2020. Under the terms of transaction, Khoo Yick Wai will acquire 0.1 million shares of Great Voyage Berhad. The consideration will be paid in cash. Great Voyage Berhad will be ceased to be the subsidiary of Industronics Berhad. The agreement does not require Industronics Berhad's shareholder approval. As of December 31, 2019, Great Voyage Berhad reported loss after taxation was MYR 0.01 million and net liabilities was MYR 0.08 million. Reported Earnings • Nov 28
Third quarter 2020 earnings released: RM0.001 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: RM2.93m (down 23% from 3Q 2019). Net loss: RM129.2k (loss narrowed 2.5% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 09
Pan Jiye acquired Industronics (HK) Limited(IBHK) from Industronics Berhad (KLSE:ITRONIC) for HKD Pan Jiye acquired Industronics (HK) Limited(IBHK) from Industronics Berhad (KLSE:ITRONIC) for HKD million on September 9, 2020. Under the terms of the consideration, Pan assumed the net liabilities of IBHK amounting to HKD 43.37 million and HKD 40.52 million owned by IBHK to Industronic Berhad. IBHK reported profit after tax and net liabilities of HKD 2.98 million and HKD 43.37 million for the financial year ended December 31, 2019.
Pan Jiye completed the acquisition of Industronics (HK) Limited(IBHK) from Industronics Berhad (KLSE:ITRONIC) on September 9, 2020.