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Tong Herr Resources Berhad (Malaysia)

Main Activities: Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing | Management of Companies and Enterprises
Full name: Tong Herr Resources Berhad Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Tong Herr Resources Berhad is a company located in Perai, Malaysia. It was established by the Tong group in 1989 for manufacturing stainless steel fasteners. The company is part of an international stainless steel fastener manufacturing group with manufacturing bases in Malaysia, Thailand, and China. Tong Herr utilizes advanced imported equipment and automatic manufacturing systems to provide high competitiveness and low production costs. Their products are widely used in various industries such as solar energy, petrochemicals, machine assembly, food machinery, telecommunications, and construction. Tong Herr Resources Berhad also has subsidiaries, including Tong Heer Fasteners Malaysia's factory established in 1989 and Tong Heer Fasteners Thailand's factory established in 2005, both for manufacturing stainless steel fasteners. Additionally, they have Tong Heer Aluminium, a subsidiary partnered with professionals in the aluminium industry from Taiwan.

Headquarters
2515, Tingkat Perusahaan 4A, Prai Free Trade Zone, Prai
Perai; Penang; Postal Code: 13600

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
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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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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39.859%
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31.947%
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1.316%
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0.739%
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0.476%
Subsidiaries
Tong Heer Fasteners Co. Sdn. Bhd.
100%
Aluta Metal Sdn. Bhd.
51%
Better Technology Sdn. Bhd
51%
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
-24.49%
Total operating revenue
-24.12%
Operating profit (EBIT)
-33.59%
EBITDA
29.33%
Net Profit (Loss) for the Period
-26.33%
Total assets
-2.08%
Total equity
-2.26%
Operating Profit Margin (ROS)
-0.33%
Net Profit Margin
-0.08%
Return on Equity (ROE)
-0.46%
Debt to Equity Ratio
-1.7%
Quick Ratio
0.32%
Cash Ratio
-0.13%

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