Hap Seng Consolidated Berhad

Kuala Lumpur Stock Exchange 3034.KL

Hap Seng Consolidated Berhad Interest Coverage Ratio for the year ending December 31, 2023: 6.34

Hap Seng Consolidated Berhad Interest Coverage Ratio is 6.34 for the year ending December 31, 2023, a -32.25% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Hap Seng Consolidated Berhad Interest Coverage Ratio for the year ending December 31, 2022 was 9.36, a 3.00% change year over year.
  • Hap Seng Consolidated Berhad Interest Coverage Ratio for the year ending December 31, 2021 was 9.09, a 68.58% change year over year.
  • Hap Seng Consolidated Berhad Interest Coverage Ratio for the year ending December 31, 2020 was 5.39, a -17.27% change year over year.
  • Hap Seng Consolidated Berhad Interest Coverage Ratio for the year ending December 31, 2019 was 6.52, a -23.28% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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Kuala Lumpur Stock Exchange: 3034.KL

Hap Seng Consolidated Berhad

CEO Mr. Ming-Foo Lee J.P.
IPO Date Jan. 3, 2000
Location Malaysia
Headquarters Menara Hap Seng
Employees 10,042
Sector Industrials
Industries
Description

Hap Seng Consolidated Berhad, an investment holding company, engages in the plantation, property investment and development, credit financing, automotive, trading, and building materials businesses in Malaysia and internationally. The company cultivates oil palm, and harvests and processes fresh fruit bunches into crude palm oil. It holds and develops residential, commercial, and industrial properties; and offers financial services, including hire purchase, leasing, and term loan for small and medium enterprises. The company operates as a dealer for Mercedes-Benz vehicles that include logging and general-purpose trucks, buses, and passenger vehicles, as well as spare parts; supplies various fertilizers comprising muriate of potash, ammonium sulphate, kieserite, rock phosphate, and other NPK fertilizers; trades in building materials, such as steel bars, cement, tiles, iron and metal, building chemicals, interior fittings, plywood, sanitary ware, and petroleum products, as well as ceramic tiles, stones, mosaic, and wood flooring products. It produces and sells quarry and asphalt products for infrastructure and construction industry; clay bricks, facing and double bricks, and clay pavers; and agro-chemicals. The company provides repairing, painting and servicing of motor vehicles; management and maintenance services, construction, treasury management functions, and recreational facilities services; leases vehicles; trades in marketable securities; operates hotels and resort; and deals in stone and wood for home furnishing. It engages in investment in retail mall and car park, intellectual property holding and management; storage and warehousing of furniture and related products; and grocery stores, and food and beverage businesses. The company was formerly known as The East Asiatic Company (Malaysia) Berhad. The company was incorporated in 1976 and is based in Kuala Lumpur, Malaysia. Hap Seng Consolidated Berhad is a subsidiary of Gek Poh (Holdings) Sdn Bhd.

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StockViz Staff

January 15, 2025

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