Reported Earnings • May 31
First quarter 2026 earnings released: RM0.008 loss per share (vs RM0.006 profit in 1Q 2025) First quarter 2026 results: RM0.008 loss per share (down from RM0.006 profit in 1Q 2025). Revenue: RM73.4m (up 7.0% from 1Q 2025). Net loss: RM594.0k (down 238% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Apr 29
Ornapaper Berhad, Annual General Meeting, May 29, 2026 Ornapaper Berhad, Annual General Meeting, May 29, 2026, at 10:30 Singapore Standard Time. Location: function room 2, level 2, holiday inn melaka, jalan syed abdul aziz, 75000 melaka, Malaysia Upcoming Dividend • Apr 14
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 21 April 2026. Payment date: 07 May 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Malaysian dividend payers (5.6%). In line with average of industry peers (2.5%). Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Eric Chan 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. Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: RM0.04 (vs RM0.076 in FY 2024) Full year 2025 results: EPS: RM0.04 (down from RM0.076 in FY 2024). Revenue: RM299.1m (flat on FY 2024). Net income: RM2.98m (down 47% from FY 2024). Profit margin: 1.0% (down from 1.9% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Jan 24
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 Ne Teo Sean 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 • Nov 23
Third quarter 2025 earnings released: EPS: RM0.001 (vs RM0.015 in 3Q 2024) Third quarter 2025 results: EPS: RM0.001 (down from RM0.015 in 3Q 2024). Revenue: RM75.3m (up 1.1% from 3Q 2024). Net income: RM95.0k (down 91% from 3Q 2024). Profit margin: 0.1% (down from 1.5% in 3Q 2024). The decrease in margin was driven by higher 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 10% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: RM0.002 (vs RM0.012 in 2Q 2024) Second quarter 2025 results: EPS: RM0.002 (down from RM0.012 in 2Q 2024). Revenue: RM69.3m (up 2.1% from 2Q 2024). Net income: RM176.0k (down 81% from 2Q 2024). Profit margin: 0.3% (down from 1.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2025 earnings released: EPS: RM0.006 (vs RM0.02 in 1Q 2024) First quarter 2025 results: EPS: RM0.006 (down from RM0.02 in 1Q 2024). Revenue: RM68.6m (down 9.3% from 1Q 2024). Net income: RM432.0k (down 70% from 1Q 2024). Profit margin: 0.6% (down from 1.9% 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 25% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Apr 30
Ornapaper Berhad, Annual General Meeting, May 29, 2025 Ornapaper Berhad, Annual General Meeting, May 29, 2025, at 10:30 Singapore Standard Time. Location: function room 2, level 2, holiday inn melaka, jalan syed abdul aziz, 75000 melaka, Malaysia Declared Dividend • Apr 21
Dividend of RM0.02 announced Dividend of RM0.02 is the same as last year. Ex-date: 5th May 2025 Payment date: 20th May 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (27% 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 70% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years. Duyuru • Apr 18
Ornapaper Berhad Announces Single-Tier Final Dividend for the Financial Year Ended 31 December 2024, Payable May 20, 2025 Ornapaper Berhad announced Final Single-Tier Dividend of 2.0 sen per ordinary share for financial year ended December 31, 2024. Payment Date: 20 May 2025. Ex-Date: 05 May 2025. Entitlement date: 06 May 2025. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: RM0.075 (vs RM0.089 in FY 2023) Full year 2024 results: EPS: RM0.075 (down from RM0.089 in FY 2023). Revenue: RM297.0m (up 6.7% from FY 2023). Net income: RM5.57m (down 15% from FY 2023). Profit margin: 1.9% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Feb 26
Ornapaper Berhad Proposes Single-Tier Final Dividend for the Financial Year Ended 31 December 2024 The Board of Directors of Ornapaper Berhad had resolved to declare a single-tier final dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2024. The date of entitlement and date of payment in respect of the aforesaid proposed final dividend will be determined and announced in due course. The single-tier final dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2024, as approved by the Board of Directors of the Company, is not subject to the approval of the shareholders of the Company. The Constitution of the Company provides that the Directors may authorise a distribution at such time and in such amount as the Directors consider appropriate, if they are satisfied that the Company will be solvent immediately after the distribution is made. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: RM0.015 (vs RM0.019 in 3Q 2023) Third quarter 2024 results: EPS: RM0.015 (down from RM0.019 in 3Q 2023). Revenue: RM74.4m (up 6.9% from 3Q 2023). Net income: RM1.10m (down 21% from 3Q 2023). Profit margin: 1.5% (down from 2.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Oct 01
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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (RM72.3m market cap, or US$17.4m). Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: RM0.012 (vs RM0.004 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0.012 (up from RM0.004 loss in 2Q 2023). Revenue: RM67.9m (up 4.2% from 2Q 2023). Net income: RM914.0k (up RM1.18m from 2Q 2023). Profit margin: 1.3% (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 20% 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. Buy Or Sell Opportunity • Jul 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to RM0.99. The fair value is estimated to be RM1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 50%. Buy Or Sell Opportunity • Jun 11
Now 21% undervalued Over the last 90 days, the stock has risen 2.0% to RM1.03. The fair value is estimated to be RM1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 50%. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.02 (vs RM0.001 loss in 1Q 2023) First quarter 2024 results: EPS: RM0.02 (up from RM0.001 loss in 1Q 2023). Revenue: RM75.6m (up 6.4% from 1Q 2023). Net income: RM1.46m (up RM1.54m from 1Q 2023). Profit margin: 1.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% 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. Upcoming Dividend • Apr 25
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Malaysian dividend payers (4.6%). Lower than average of industry peers (2.6%). Duyuru • Apr 23
Ornapaper Berhad, Annual General Meeting, Jun 26, 2024 Ornapaper Berhad, Annual General Meeting, Jun 26, 2024. Agenda: To consider proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Renewal of Share Buy-Back Authority. Declared Dividend • Apr 20
Dividend increased to RM0.02 Dividend of RM0.02 is 100% higher than last year. Ex-date: 2nd May 2024 Payment date: 20th May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 75% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.0% EPS decline seen over the last 5 years. Duyuru • Apr 17
Ornapaper Berhad Announces Final Single-Tier Dividend for the Year Ended December 31, 2023, Payable on May 20, 2024 Ornapaper Berhad announced final single-tier dividend of 2.0 sen per ordinary share for the year ended December 31, 2023. Ex-Date is 02 May 2024. Entitlement date is 03 May 2024. Payment Date is 20 May 2024. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.089 (vs RM0.033 in FY 2022) Full year 2023 results: EPS: RM0.089 (up from RM0.033 in FY 2022). Revenue: RM278.4m (down 15% from FY 2022). Net income: RM6.57m (up 165% from FY 2022). Profit margin: 2.4% (up from 0.8% in FY 2022). The increase in margin was 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 53 percentage points per year, which is a significant difference in performance. Duyuru • Feb 28
Ornapaper Berhad Proposes Single-Tier Final Dividend for the Financial Year Ended 31 December 2023 The Board of Directors of Ornapaper Berhad had resolved to declare a single-tier final dividend of 2.0 sen per ordinary share for the financial year ended 31 December 2023. New Risk • Nov 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (RM71.2m market cap, or US$15.2m). Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: RM0.019 (vs RM0.001 in 3Q 2022) Third quarter 2023 results: EPS: RM0.019 (up from RM0.001 in 3Q 2022). Revenue: RM69.6m (down 14% from 3Q 2022). Net income: RM1.40m (up RM1.30m from 3Q 2022). Profit margin: 2.0% (up from 0.1% in 3Q 2022). The increase in margin was 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 68 percentage points per year, which is a significant difference in performance. Duyuru • Aug 19
Ornapaper Berhad Announces Re-Designation of Ang Kwee Teng from Non-Independent Non-Executive Director to Executive Chairman Ornapaper Berhad announced that Mr. Ang Kwee Teng, age 73, has been re-designated from Non-Independent Non-Executive Director to Executive Chairman with effect from 18 August 2023. Reported Earnings • Aug 19
Second quarter 2023 earnings released: RM0.004 loss per share (vs RM0.012 profit in 2Q 2022) Second quarter 2023 results: RM0.004 loss per share (down from RM0.012 profit in 2Q 2022). Revenue: RM65.2m (down 22% from 2Q 2022). Net loss: RM269.0k (down 131% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Jun 08
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. 2 experienced directors. 3 highly experienced directors. Non-Independent Non-Executive Director Ah Sai Sai was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
First quarter 2023 earnings released: RM0.001 loss per share (vs RM0.024 profit in 1Q 2022) First quarter 2023 results: RM0.001 loss per share (down from RM0.024 profit in 1Q 2022). Revenue: RM71.1m (down 19% from 1Q 2022). Net loss: RM76.0k (down 104% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • May 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. 2 experienced directors. 4 highly experienced directors. Non-Independent Non-Executive Director Ah Sai Sai was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 26
Upcoming dividend of RM0.01 per share at 1.0% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Malaysian dividend payers (5.3%). Lower than average of industry peers (3.3%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: RM0.033 (vs RM0.068 in FY 2021) Full year 2022 results: EPS: RM0.033 (down from RM0.068 in FY 2021). Revenue: RM328.9m (up 4.0% from FY 2021). Net income: RM2.44m (down 52% from FY 2021). Profit margin: 0.7% (down from 1.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 25% share price gain to RM1.29, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 10x in the Packaging industry in Malaysia. Total returns to shareholders of 27% over the past three years. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.041 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.001 (up from RM0.041 loss in 3Q 2021). Revenue: RM80.8m (up 35% from 3Q 2021). Net income: RM101.0k (up RM3.15m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has remained flat, which means it is well ahead of 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. 2 experienced directors. 4 highly experienced directors. Non-Independent Non-Executive Director Ah Sai Sai was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: RM0.012 (vs RM0.009 in 2Q 2021) Second quarter 2022 results: EPS: RM0.012 (up from RM0.009 in 2Q 2021). Revenue: RM83.9m (up 11% from 2Q 2021). Net income: RM869.0k (up 34% from 2Q 2021). Profit margin: 1.0% (up from 0.9% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 27
First quarter 2022 earnings released: EPS: RM0.024 (vs RM0.035 in 1Q 2021) First quarter 2022 results: EPS: RM0.024 (down from RM0.035 in 1Q 2021). Revenue: RM87.8m (up 2.8% from 1Q 2021). Net income: RM1.79m (down 32% from 1Q 2021). Profit margin: 2.0% (down from 3.1% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 28
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 20 May 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Malaysian dividend payers (4.5%). Lower than average of industry peers (2.7%). 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. 2 experienced directors. 4 highly experienced directors. Non-Independent Non-Executive Director Ah Sai Sai was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 15
Ornapaper Berhad, Annual General Meeting, Jun 10, 2022 Ornapaper Berhad, Annual General Meeting, Jun 10, 2022. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.068 (down from RM0.20 in FY 2020). Revenue: RM316.4m (flat on FY 2020). Net income: RM5.02m (down 65% from FY 2020). Profit margin: 1.6% (down from 4.6% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Duyuru • Feb 25
Ornapaper Berhad Declares Final Single-Tier Dividend for the Financial Year Ended December 31, 2021 Ornapaper Berhad declared Final Single-Tier Dividend of 2 sen per ordinary share for the financial year ended December 31, 2021. Payment date is May 20, 2022 with Entitlement date is May 6, 2022 and Ex-Date is May 05, 2022. Reported Earnings • Nov 30
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: RM0.041 loss per share (down from RM0.066 profit in 3Q 2020). Revenue: RM60.1m (down 28% from 3Q 2020). Net loss: RM3.05m (down 162% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS RM0.009 (vs RM0.019 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: RM75.3m (up 19% from 2Q 2020). Net income: RM649.0k (down 53% from 2Q 2020). Profit margin: 0.9% (down from 2.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 25
First quarter 2021 earnings released: EPS RM0.035 (vs RM0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM85.4m (up 21% from 1Q 2020). Net income: RM2.62m (up 79% from 1Q 2020). Profit margin: 3.1% (up from 2.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Apr 13
Upcoming dividend of RM0.033 per share Eligible shareholders must have bought the stock before 19 April 2021. Payment date: 07 May 2021. Trailing yield: 1.9%. Lower than top quartile of Malaysian dividend payers (4.0%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 27
Full year 2020 earnings released: EPS RM0.20 (vs RM0.18 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: RM313.4m (down 5.5% from FY 2019). Net income: RM14.5m (up 9.6% from FY 2019). Profit margin: 4.6% (up from 4.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 18% share price gain to RM1.99, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 9.5x. This compares to an average P/E of 17x in the Packaging industry in Malaysia. Total returns to shareholders over the past three years are 56%. Is New 90 Day High Low • Dec 31
New 90-day high: RM1.69 The company is up 50% from its price of RM1.13 on 02 October 2020. The Malaysian market is up 11% 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. Is New 90 Day High Low • Dec 07
New 90-day high: RM1.54 The company is up 38% from its price of RM1.12 on 08 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 20% over the same period. Reported Earnings • Nov 20
Third quarter 2020 earnings released: EPS RM0.066 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: RM84.1m (up 3.4% from 3Q 2019). Net income: RM4.92m (up 43% from 3Q 2019). Profit margin: 5.9% (up from 4.2% 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 4% per year whereas the company’s share price has fallen by 1% per year. Is New 90 Day High Low • Nov 12
New 90-day high: RM1.31 The company is up 18% from its price of RM1.11 on 14 August 2020. The Malaysian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 21% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: RM1.23 The company is up 23% from its price of RM1.00 on 10 July 2020. The Malaysian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 23% over the same period.