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Ecomate Holdings Berhad (Malaysia)

Main Activities: Offices of Other Holding Companies
Full name: Ecomate Holdings Berhad Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company was incorporated in Malaysia on 11 November 2020 under the Company Act 2016 as a private limited company. Subsequently, the Company was converted to a public limited company on 15 December 2020. Ecomate Holdings was incorporated as a special purpose vehicle to facilitate the listing of its wholly-owned subsidiary, Ecomate Sdn Bhd on the ACE Market of Bursa Malaysia Securities Berhad.
The Company is an Investment holdings and provide management services to its subsidiary which principally engaged in the production of ready-to-assemble (RTA) furniture products, where it undertakes design and development, production as well as marketing and sales of living room furniture, bedroom furniture as well as other types of furniture, which may be tailored to the customer’s specifications.
RTA which is also known as flat pack furniture, is a form of furniture that requires customer to assemble. The separate components are packed for sale in cartons which also contain assembly instructions and hardware.
The Company’s ready-to-assemble furniture products comprise:
(I) Lliving room furniture such as coffee tables, console tables, multi-function cabinets, shoe cabinets, side tables and television cabinets;
(ii) Bedroom furniture such as bed frames, bookshelves, drawer chests, dressing tables, night stands, wardrobes and writing tables; and
(iii) Other furniture which include complementary furniture products produced as and when ordered by customers, such as bar and wine cabinets, dining tables and kitchen cabinets.
Date of announcement - 7 Jul 2023
- The Company has change the market board from Ace Market to Main Market. The Stock Short Name, Stock Code and ISIN Code remain unchanged

Headquarters
Lot Ptd 7274, Kawasan Perindustrian Bakri Batu 7 1/2, Jalan Bakri
Muar; Johor; Postal Code: 84200

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2020
Key Executives
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Chairman
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Managing Director
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Director/Member of the Board
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Secretary
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Secretary
Ownership Details
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33.24%
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33.18%
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0.06%
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0.06%
Subsidiaries
Ecomate Sdn. Bhd.
100%
Company Performance
Financial values in the chart are available after Ecomate Holdings 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
24.12%
Total operating revenue
25.52%
Operating profit (EBIT)
3.48%
EBITDA
1.35%
Net Profit (Loss) for the Period
-19.05%
Total assets
0.89%
Total equity
3.03%
Operating Profit Margin (ROS)
-1.6%
Net Profit Margin
-1.73%
Return on Equity (ROE)
-0.55%
Debt to Equity Ratio
-0.72%
Quick Ratio
-0.05%
Cash Ratio
0.08%

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