Magni-Tech Industries

MAGNI

MYL7087OO009

Apparel & Accessories

End-of-day quote BURSA MALAYSIA Other stock markets 23:00:00 09/05/2024 BST			5-day change	1st Jan Change
2.22 ^MYR	+0.45%		+0.91%	+18.72%

03-19	Magni-Tech Industries Raises Dividend as Fiscal Q3 Profit Jumps 92%; Shares Rally 9%	MT
03-18	Magni-Tech Industries Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	CI

Magni-Tech Industries Berhad Reports Impairment Charges for the Third Quarter Ended January 31, 2023

March 09, 2023 at 12:42 pm

Magni-Tech Industries Berhad reports impairment charges for the third quarter ended January 31, 2023. Property, plant and equipment written off for the quarter was MYR 59,000.

Latest news about Magni-Tech Industries

Magni-Tech Industries Raises Dividend as Fiscal Q3 Profit Jumps 92%; Shares Rally 9%	03-19	MT
Magni-Tech Industries Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	03-18	CI
Magni-Tech Industries Berhad Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023	12-05	CI
Magni-Tech Industries Berhad Reports Earnings Results for the First Quarter Ended July 31, 2023	11/09/23	CI
Magni-Tech Industries Berhad Announces Appointment of Fera Fizani Binti Ahmad Fizri as Independent and Non Executive Member of Remuneration Committee	10/08/23	CI
Magni-Tech Industries Berhad Announces Appointment of Cik Fera Fizani Binti Ahmad Fizri as Independent and Non Executive Member of Nomination Committee	10/08/23	CI
Magni-Tech Industries Berhad Announces Appointment of Cik Fera Fizani Binti Ahmad Fizri as Independent and Non Executive Director	10/08/23	CI
Magni-Tech Industries Berhad Announces Appointment of Cik Fera Fizani Binti Ahmad Fizri as Independent and Non Executive Member of Audit Committee	10/08/23	CI
Magni-Tech Industries Berhad Reports Earnings Results for the Fourth Quarter Ended April 30, 2023	26/06/23	CI
Magni-Tech Industries Berhad Reports Earnings Results for the Full Year Ended April 30, 2023	26/06/23	CI
Magni-Tech Industries Berhad Announces the Resignation of Puan Mawan Noor Aini Binti Md. Ismail as Independent and Non Executive Member of Remuneration Committee	31/05/23	CI
Magni-Tech Industries Berhad Announces the Resignation of Puan Mawan Noor Aini Binti Md. Ismail as Independent and Non Executive Director	31/05/23	CI
Magni-Tech Industries Berhad Announces the Resignation of Puan Mawan Noor Aini Binti Md. Ismail as Independent and Non Executive Member of Nomination Committee	31/05/23	CI
Magni-Tech Industries Berhad Announces the Resignation of Puan Mawan Noor Aini Binti Md. Ismail as Independent and Non Executive Member of Audit Committee	31/05/23	CI
Magni-Tech Industries Berhad Reports Impairment Charges for the Third Quarter Ended January 31, 2023	09/03/23	CI
Magni-Tech Industries' Profit, Revenue Drop in Fiscal Q3	09/03/23	MT
Magni-Tech Industries Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023	08/03/23	CI
Magni-Tech Industries Raises Dividend as Profit Jumps in Fiscal Q2	13/12/22	MT
Magni-Tech Industries Berhad Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2022	11/12/22	CI
Magni-Tech Industries Berhad(KLSE:MAGNI) dropped from S&P Global BMI Index	19/09/22	CI
Magni-Tech Industries Berhad Reports Earnings Results for the First Quarter Ended July 31, 2022	12/09/22	CI
Magni-Tech Industries Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended April 30, 2022	23/06/22	CI
Magni-Tech Industries Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2022	18/03/22	CI
Magni-Tech Industries Boosts Dividend Despite Profit Slump in Fiscal Q2	28/12/21	MT
Magni-Tech Industries Berhad Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2021	27/12/21	CI

Magni-Tech Industries Berhad is a Malaysia-based company that is engaged in investment holding and the provision of management services. The Company operates two business segments: Garment manufacturing and Packaging. The Garment manufacturing segment is engaged in the manufacturing and sale of garments. The Packaging segment is engaged in the manufacturing and sale of flexible plastic packaging goods and corrugated cartons. The Garment manufacturing segment operates both in Vietnam and Malaysia. It operates flexible plastic packaging in Prai, Penang and corrugated packaging in Puchong, Selangor, Malaysia. Its packaging products are used by the manufacturing sector, such as the food, beverage, healthcare, rubber based, consumer household and electronic sub-sectors. The Company's subsidiaries include South Island Garment Sdn. Bhd., Inter-Pacific Packaging Sdn. Bhd., South Island Packaging (Penang) Sdn. Bhd. and South Island Plastics Sdn. Bhd.

Sector

Apparel & Accessories

Calendar

09/09/2024 - Q1 2025 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Magni-Tech Industries

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.22 MYR

Average target price

2.5 MYR

Spread / Average Target

+12.61%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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