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Minetech Resources Berhad (Malaysia)

Main Activities: Nonmetallic Mineral Mining and Quarrying | Heavy and Civil Engineering Construction | Management of Companies and Enterprises
Secondary Activities: Metal and Mineral (except Petroleum) Merchant Wholesalers
Full name: Minetech Resources Berhad Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Minetech Resources Berhad is a company located in Petaling Jaya, Malaysia. It was started in 1977 as a drilling and blasting services provider. Currently, Minetech is involved in various business segments including civil engineering, bituminous products, renewable energy, and financial technology. The company offers construction services such as civil, building, and mining construction, as well as blasting and hauling for mining projects. They are also committed to sustainable property development that improves the quality of life. Minetech has implemented one of the first floating solar systems in Malaysia, utilizing flotation devices on a pond for renewable energy generation. Additionally, they have a manufacturing plant in Batang Kali, Selangor, focusing on bituminous product manufacturing. In the financial technology sector, Minetech provides fintech solutions specializing in payment solutions used by local banks in Malaysia, with a focus on cross-border remittance payments. The company also explores opportunities in the oil and gas industry through joint ventures, collaborations, and partnerships.

Headquarters
D-G-5, Block D, Parklane Commercial Hub, No. 21, Jalan Ss7/26, Kelana Jaya
Petaling Jaya; Selangor; Postal Code: 47301

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Website: http://www.minetech.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2002
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Ownership Details
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16.548%
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15.241%
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14.339%
Subsidiaries
Diman KS Chin Sdn. Bhd.
100%
Genetic Frontier Sdn. Bhd.
100%
K.S. Chin Minerals Sdn. Bhd.
100%
Company Performance
Financial values in the chart are available after Minetech Resources Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
9.56%
Total operating revenue
9.91%
Operating profit (EBIT)
69.57%
EBITDA
247.4%
Net Profit (Loss) for the Period
1.77%
Total assets
-17.97%
Total equity
-0.93%
Operating Profit Margin (ROS)
1.66%
Net Profit Margin
0.57%
Return on Equity (ROE)
0.02%
Debt to Equity Ratio
-2.58%
Quick Ratio
-0.03%
Cash Ratio
0.09%

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