Symphony House Bhd Organizes Earth Hour Awareness Day According to BAC Report

14 May 2012 • by Natalie Aster

LONDON – Late March was marked by an Earth Hour Awareness Day organized by Symphony House together with WWF. The event took place in Symphony House’s Lobby Area and helped to collect RM 3,672 in less than three hours. Various WWF-themed merchandise (like t-shirts, pins, posters) was being sold, and an Animal Adoption Programme of endangered species was displayed.

The following actions were taken in the Earth Hour Awareness Day: The lights in the building were switched off till the next day’s evening; 5 elevators out of six were shut down for an hour; Perimeter lights illuminating the building were switched off for an hour

In April Symphony’s activities for the environmental awareness continued: the company held an awareness talk about energy saving and adopted a monthly environmental fee of RM 10 through salary deduction.

Symphony House has not been financially efficient in the past years. Last financial year, however, was way more successful than the previous one. End of 2011 brought revenue increase of 6.5% to MYR 185.9 M, gross profit decline by 4.4% to MYR 45.1 M, operating and net income growth to MYR 2 M and MYR (4.3) M, respectively. December 2011 was the weakest quarter in the year, with revenue of MYR 46.1 M, gross profit of MYR 10.4 M, operating income of MYR (1.8) M, and net income of MYR (2.1) M.

Founded in 2002 and headquartered in Selangor Darul Ehsan (Malaysia), Symphony House Bhd engages in business outsourcing services. The portfolio includes Corporate Secretarial Solutions, Cheque Processing Solutions, Wealth Management Solutions, Share Issuance and Registration Solutions, Business Process Outsourcing. Since 2003 Symphony trades on Kuala Lumpur Stock Exchange under the ticker SYMH.

Further review on the company’s services, solutions, financials and opportunities for growth can be found in the report "Symphony House Bhd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" recently published by Market Publishers Ltd.

Report Details:

Title: Symphony House Bhd Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Apr, 2012
Pages: 72

More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.

 

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