Knusford Bhd Should Invest Into Property According to BAC Report
13 Dec 2011 • by Natalie Aster
LONDON – A fundamental company study of Knusford Berhad recently published by Business Analytic Center suggests investing into property development as a promising opportunity for future success.
Knusford engages in various activities, and property development is a small business department that brings about 3% of all company’s revenues. However, it has bright prospective in Asia general and Malaysia particularly.
Among popular territories for property investment are Kuala Lumpur, Penang, Muer, Klang, Ipoh, Melaka, Kuantan, Petaling Jaya, Cyberjaya, Johor Iskandar, and Kota Kinabalu. Most popular property types are residential properties and luxury homes.
Luxurious apartments and property are especially prospective. Malaysia welcomes foreign investment, and international companies establish their new offices in the country. Outside capital creates new jobs and supports average demand, improving Malaysian salaries standards of living. Therefore demand for high-end luxury property will increase in the following decade.
Knusford financial performance indicates company’s success in its chosen businesses. Latest quarters show noticeable improvement in main indicators, among which are revenue and net income. Comparing to Q1 2011, the former increased by 46.2%. the latter added 263.8% to its value. Annual results are impressive: during 2010 revenue rose by 51.6% and amounted to MYR 310.2 M, net income went up by 152.9% and equaled 17.2 MYR. Knusford profit margin also moved from 3.3% point in 2009 to 5.5% in 2010, and quarterly results are even stronger. Q3 profit margin almost reached 30%.
Founded in 1989 and headquartered in Kuala Lumpur (Malaysia), Knusford Berhad runs operation in four major business segments: trading and services of light and heavy machinery, trading of building materials and transportation services, investment and development of residential property, and construction under civil works contracts. The company is public and trades at the Kuala Lumpur Stock Exchange under the ticker 5035.
All details on the company’s activities, risks, business possibilities and experts’ forecasts can be found in the report “Knusford Bhd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Knusford Bhd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Dec, 2011
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