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Olympic Cable Company Sdn Bhd (Malaysia)

Main Activities: Other Communication and Energy Wire Manufacturing
Full name: Olympic Cable Company Sdn Bhd Profile Updated: August 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Olympic Cable Company Sdn Bhd ("OCC") operates as a cottage industry based in Larkin Industrial Estate, Johore Bahru, to meet the demands of the local market for housing wires and low voltage electric cables. In the years that followed, the cottage industry experienced a significant growth until its acquisition by PJ Development Holdings Berhad in 1990. By 1994, OCC's armoured cable products had earned its SIRIM certification for outstanding quality, the first of OCC's many milestones that ensued from there on. In 1995, OCC hits upon another milestone when the company exceeded its own financial targets, turning around its financial performance from a loss making concern into a profitable operation. This is clearly a testament of OCC's sound foundation and experience and dedicated team of high-calibre people that have grown with proficiency over the years. OCC advanced further with investment in new technology and staff training to increase efficiency of its operations. In 1996, its product range widened with the commencement of aluminium cable production. That very same year, OCC was appointed as the cable supplier of Armoured Cable Products for the premier power utility company in Malaysia - Tenaga Nasional Berhad. In recognition of its success, OCC was listed as one of the top 50 most enterprising, privately-owned companies in Malaysia for 1996. The receipt of this Enterprise 50 Award is a prestigious acknowledgement of the business acumen, entrepreneurial skills and corporate vision of OCC. In 1997, OCC augmented its operations further by setting up a new factory in Melaka. The 5 hectares (12 acres) new factory was a RM60 M expansion programme to in increase the production capacity & capability of the power cable manufacturing operations, to produce both aluminium cables and copper cables, ranging from low to medium voltage, up to 33kV. Later, the products lines include control cables, instrumentation cables, multicore cables, shipboard and marine cables and others to meet the demand of the building & construction, oil & gas, marine and other industries. The company was incorporated in 1968 and is based in Melaka.

Headquarters
Lot Pt 2126-2131, Jalan Pk 1, Taman Perindustrian Krubong
Melaka; Malacca; Postal Code: 75250

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Website: http://www.olympic-cable.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 14, 1968
Key Executives
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Director
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Director
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Secretary
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Secretary
Ownership Details
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100%
Subsidiaries
Ovi Cables (Vietnam) Co., Ltd
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
47.76%
Total operating revenue
47.76%
Operating profit (EBIT)
52.6%
EBITDA
36.05%
Net Profit (Loss) for the Period
51.92%
Total assets
22.86%
Total equity
5.41%
Operating Profit Margin (ROS)
0.12%
Net Profit Margin
0.08%
Return on Equity (ROE)
1.94%
Debt to Equity Ratio
-2.18%
Quick Ratio
-1.89%
Cash Ratio
-0.11%

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