Ann Joo Resources

ANNJOO

MYL6556OO004

Iron & Steel

End-of-day quote BURSA MALAYSIA Other stock markets 23:00:00 25/06/2024 BST			5-day change	1st Jan Change
1.29 ^MYR	+2.38%		+4.03%	+20.56%

06-24	Ann Joo Resources Consortium Secures MYR298 Million East Coast Rail Link Project	MT
05-30	Ann Joo Resources Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Ann Joo Resources Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024

May 30, 2024 at 01:47 pm

Ann Joo Resources Berhad reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was MYR 648.08 million compared to MYR 670.73 million a year ago. Net loss was MYR 14.96 million compared to MYR 21.08 million a year ago.

Basic loss per share from continuing operations was MYR 0.0266 compared to MYR 0.0375 a year ago.

Latest news about Ann Joo Resources

Ann Joo Resources Consortium Secures MYR298 Million East Coast Rail Link Project	06-24	MT
Ann Joo Resources Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024	05-30	CI
Ann Joo Resources Berhad Reports Impairment Loss on Property, Plant and Equipment for the Three Months Ended December 31, 2023	02-28	CI
Ann Joo Resources Berhad Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI
Ann Joo Resources Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-28	CI
Ann Joo Resource Trims Loss in Q3	11-28	MT
Ann Joo Resources Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-27	CI
Ann Joo Resources Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	29/08/23	CI
Ann Joo Resources Berhad Announces Resignation of LIM KIEN LIP as Non Independent and Non Executive Director	29/08/23	CI
Ann Joo Resources Berhad Announces Resignation of LIM SIN SEONG as Non Independent and Non Executive Director	29/08/23	CI
Ann Joo Resources Berhad Appoints DATO' LIM KIAM LAM as Non Independent and Non Executive Member of Remuneration Committee	29/08/23	CI
Ann Joo Resources Berhad Appoints DATO' CHAN CHOY LIN as Independent and Non Executive Chairman of Remuneration Committee	29/08/23	CI
Ann Joo Resources Berhad Appoints DATO' LIM KIAM LAM as Non Independent and Non Executive Member of Nomination Committee	29/08/23	CI
Ann Joo Resources Berhad Appoints DATO' LIM KIAM LAM as Non Independent and Non Executive Member of Audit Committee	29/08/23	CI
Ann Joo Resource Unit Buys 99.9% Stake in Steel Wire Maker Perfect Channel	22/06/23	MT
Ann Joo Resources Berhad Reports Earnings Results for the First Quarter Ended March 31, 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Yam Tunku Naquiyuddin Ibni Tuanku Ja'afar as Independent and Non Executive Member of Remuneration Committee, Effective May 31, 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Appointment of Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar as Independent and Non Executive Member of Remuneration Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Kamarudin Bin Md Ali as Independent and Non Executive Chairman of Remuneration Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Appointment of Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar as Independent and Non Executive Member of Nomination Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Yam Tunku Naquiyuddin Ibni Tuanku Ja'afar as Independent and Non Executive Member of Nomination Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Appointment of Tan Sri Datuk Wira Dr. Hj. Mohd Shukor Bin Hj. Mahfar as Independent and Non Executive Chairman of Audit Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Datuk Kamarudin Bin Md Ali as Independent and Non Executive Member of Nomination Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Yam Tunku Naquiyuddin Ibni Tuanku Ja'afar as Independent and Non Executive Chairman of Audit Committee, Effective 31 May 2023	29/05/23	CI
Ann Joo Resources Berhad Announces Resignation of Datuk Kamarudin Bin Md Ali as Independent and Non Executive Member of Audit Committee, Effective 31 May 2023	29/05/23	CI

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Company Profile

Ann Joo Resources Berhad is a Malaysia-based investment holding company. The Companyâs segments include Upstream steel division, Downstream steel division, Green technology division, and Investment holding, property management and others. The Upstream steel division is engaged in the manufacturing and trading of iron, steel, and steel related products. The Downstream steel division is engaged in trading of steel and steel related products, hardware, building and construction materials and operations of steel service centers. The Green technology division is engaged in project management and contract services for solar and other renewable energy businesses, as well as waste management services. Its subsidiaries include Ann Joo Steel Berhad, Ann Joo Management Services Sdn. Bhd., Ann Joo Metal Sdn. Bhd., and Ann Joo Trading Sdn. Bhd. Ann Joo Metal Sdn. Bhd. is engaged in trading, retailing, importing, exporting and supplying all kinds of metal products.

Sector

Iron & Steel

Calendar

27/08/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Ann Joo Resources

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.29 MYR

Average target price

1.64 MYR

Spread / Average Target

+27.13%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ANN JOO RESOURCES	+20.56%	154M
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POSCO HOLDINGS INC.	-27.13%	19.84B
NIPPON STEEL CORPORATION	+5.36%	19.64B
STEEL DYNAMICS, INC.	+5.71%	19.61B
ARCELORMITTAL	-17.16%	18.7B
JFE HOLDINGS, INC.	+5.74%	9.12B
UNITED STATES STEEL CORPORATION	-23.64%	8.36B
SEVERSTAL	-.--%	7.85B

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