Sunday, January 3, 2016

YEELEE AS PER 2014 ANNUAL REPORT

PROFILE

  • Manufacturing division - cooking oil, margarine and shortening.
  • Packaging division - aerosol can division and corrugated carton division.
  • Palm oil refinery and mill division
  • Trading division - distributors for Campbell, Old Town products, Kizz products, Red Bull, Helang oil, spritzer and cactus mineral water, SunLico oil, Vesawit oil,  
  • Plantation division - oil palm estate in Tapah and Gopeng, tea plantation in Nalapak, Sabah.  
  • Tourism related services


STRENGTH

  • Securing the distributorship for red bull where red bull has dominate 55% of the energy drink market in malaysia. 
  • the bottled water and other agencies products such as Campbell and Old Town products continued to achieve strong sales growth in this year. The sales of Kizz products were also very encouraging after the launching of new detergent pack.

WEAKNESS

  • Escalating cost of living and implementation of GST
  • Increase in cost of production lead to a lower porfit margin and PAT. 
  • Low profit margin  and drop in profit margin for every division









  • ROE is less than 10
  • Not benefiting from the USD trend as more than 90% of its trades are denominated in RM. 
  • Performance for each division :

















FUTURE PROSPECT

  • Securing the distributorship of red bull energy drink (5 years distributiorship starting October)
  • Relocating its machineries and workforce to a larger factory in Vietnam to expand its production capacity and warehouse facility to maximize its operational efficiency for the aerosol can division. Low aluminium prices may lead to lower production cost for aerosol can.
     

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