NRA Capital Pte Ltd
MegaChem Ltd - 2H16 results update(Image)

MegaChem Ltd - 2H16 results update

FY17 growth drivers already in place

MegaChem's FY16 results were better than expected with 2H16 PATMI exceeding our forecasts by 25%. The strong performance came about despite revenue dropping by 8.5% year-on-year in 2H16 as gross margin expected to 25.7% in 2H16, thus adding S$0.3m to gross profit. Looking ahead, we expect MegaChem to maintain growth in as lower impairment of receivables and write-off of inventory will add towards margins in 2017.

More company reports

Report titleDate
MegaChem Ltd - 2H16 results update
FY17 growth drivers already in place
06 March 2017
Megachem Ltd - 1H16 results update
Director share purchases provide votes of confidence
30 September 2016
MegaChem Limited - 4Q15 Results update
Lacklustre global macroeconomic performance limits upside growth catalysts
09 March 2016
Megachem Ltd - 1H15 results update
No major surprise yet!
28 August 2015
MegaChem Ltd - 2H14 results update
Waiting for exothermic reaction
10 March 2015
MegaChem Ltd - 1H14 results update
Manufacturing still under utilised
19 August 2014
MegaChem Ltd - 2H13 results update
Manufacturing still a key to drive bottom-line growth
25 February 2014
MegaChem Ltd - 1H13 results update
Expect stronger second half
16 August 2013
Megachem - 2H12 results update
Better chemistry this year
04 March 2013
MegaChem Ltd - 1H12 results update
Chemical action
31 August 2012
MegaChem Ltd - 2H11 results update
The right chemistry
19 April 2012
Megachem - company update
Building a winning distribution model
09 December 2011
Megachem - 1H results update
Continue to march on
15 August 2011
Megachem - company update
A value cum growth stock
21 July 2011
Megachem - 2H10 results update
Margin compression in 2H, but outlook still promising
23 February 2011
MegaChem Ltd - 1H10 Results Update
Stepping up to a new level
12 August 2010
MegaChem Limited - Results Update
Uptrend in earnings
10 March 2010
MegaChem Limited - Results Update
1HFY12/09 results update
19 August 2009
MegaChem Limited - Company Update
Outlook and update
26 May 2009
MegaChem Limited - Results Update
FY12/08 Results update
05 March 2009
MegaChem Limited - Company Update
Company visit
20 January 2009
Megachem Ltd - Initiating Coverage
Megachem Ltd
02 September 2008
Megachem Ltd - Company Visit
Recovery Appears Plausible with Right Chemistry
07 October 2005
Megachem Ltd - 1H05 Results
Downgrade to SELL
11 August 2005
Megachem Ltd - Final Results
Geared to Asia’s growth
28 March 2005
Megachem Ltd - Company Update
Geared to Asia’s growth
29 December 2004
Megachem Ltd - First Half 2004 Results
On first cut, a credible set of maiden interim results
13 August 2004
Megachem Ltd - Initiating Coverage
Decently run company.
08 March 2004


Access to this Web site is granted by NRA Capital Pte. Ltd. strictly on the terms and subject to the conditions set out hereunder. By entering into the Web Site, Subscriber is deemed to have accepted and agreed to be bound by the terms and conditions  set out hereunder.