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Gromutual Berhad (Malaysia)

Main Activities: Real Estate | Management of Companies and Enterprises
Full name: Gromutual Berhad Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Gromutual Berhad is a public listed company on the Main Board of Bursa Malaysia Securities Berhad since 2004. With over 30 years of experience in property development, the company has established itself as a trustworthy developer known for delivering high-quality properties on time. Gromutual Group has expanded its operations in Melaka and Johor states, focusing on residential, commercial, and industrial development. In addition to property development, the company has diversified its income by investing in properties that generate recurring rental income. Their investment portfolio includes hostels, apartments, industrial buildings, and commercial units. Gromutual was incorporated as a private limited company on August 14, 2003, and later converted into a public limited company on January 13, 2004. The company completed a Restructuring Scheme involving the takeover of the listing status of Medas Corporation Berhad.

Headquarters
Ph1, Austin 18, Jalan Austin Perdana 3, Taman Austin Perdana, Johor Darul Takzim
Johor Bahru; Johor; Postal Code: 81100

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Website: http://www.gromutual.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairman
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Chief Executive Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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5.113%
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2.666%
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2.662%
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2.462%
Subsidiaries
Ayer Hitam Land Sdn. Bhd.
100%
Ayer Hitam Sawmill Company Sdn. Bhd.
100%
Cheng Yew Heng Manufactory Sdn. Berhad
100%
Company Performance
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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
-54.58%
Total operating revenue
-54.04%
Operating profit (EBIT)
-63.98%
EBITDA
-61.52%
Net Profit (Loss) for the Period
-72.66%
Total assets
3.43%
Total equity
1.41%
Operating Profit Margin (ROS)
-6.06%
Net Profit Margin
-8.73%
Return on Equity (ROE)
-1.77%
Debt to Equity Ratio
0.48%
Quick Ratio
-0.24%
Cash Ratio
0.66%

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