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Handal Energy Berhad (Malaysia)

Main Activities: Support Activities for Mining
Full name: Handal Energy Berhad Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Handal Resources Berhad engages in offshore crane service and manufacturing provider specialising in the oil and gas industry. The core businesses are provision of overhaul and maintenance services. The activities include the manufacturing/fabrication of new offshore pedestal cranes, the supply of manpower and parts, offshore crane rental business, and workover projects lifting solutions. The Handal group has reconditioned 57 offshore pedestal cranes and manufactured 14 new offshore pedestal cranes. The group's corporate office is in Petaling Jaya, Selangor, while its operating facility is in Kemaman Supply Base, Kemaman, Terengganu. Handal has purchased a 4.04ha yard at the Teluk Kalong industrial area and it is expected to be completed by the second quarter of 2009. The company was incorporated in 2008 and is based in Shah Alam.

Headquarters
C-L29-07, Kl Trillion, 338, Jalan Tun Razak, Wilayah Persekutuan
Kuala Lumpur; Federal Territories; Postal Code: 50400

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Website: http://handalenergy.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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Chief Executive Officer
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Secretary
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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7.63%
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6.65%
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Subsidiaries
Handal Cranes Sdn. Bhd.
100%
Handal Engineering Sdn Bhd
100%
Handal Floaters Sdn Bhd (Formerly Known As Handal Precision Solutions Sdn. Bhd.)
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
-53.31%
Total operating revenue
-30.21%
Operating profit (EBIT)
8.2%
EBITDA
4.97%
Net Profit (Loss) for the Period
20.03%
Total assets
0.99%
Total equity
-27.49%
Operating Profit Margin (ROS)
-62.68%
Net Profit Margin
-52.82%
Return on Equity (ROE)
-11.85%
Debt to Equity Ratio
25.8%
Quick Ratio
-0%
Cash Ratio
0.01%

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