<div>This article first appeared in <em>The Edge Financial Daily</em>, on September 29, 2016.<br />
<br />
&nbsp;</div>

<div class=newsTextDataWrapInner><p><strong>Superlon Holdings Bhd (+ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>SHARES in Superlon Holdings Bhd (fundamental: 3/3, valuation: 2.1/3) rose as much as 7.98% to its intraday high of RM2.57 before paring gains to close unchanged at RM2.38, with 2.66 million shares traded.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In comparison, it saw an average of only 237,389 shares traded in the last 200 days.</p></div>

<div class=newsTextDataWrapInner><p>The thermal insulation materials maker announced on Tuesday that its net profit jumped 56.7% to RM6.05 million in the first quarter ended July 31, 2016, from RM3.86 million a year ago, due to favourable exchange rate movements, higher margins from growth in sales volume and lower material costs.</p></div>

<div class=newsTextDataWrapInner><p>Revenue gained 15.92% to RM25.63 million from RM22.11 million.</p></div>

<div class=newsTextDataWrapInner><p>The stock currently trades at a trailing 12-month price-earnings ratio of 11.34 times and 2.02 times book value. Superlon has a trailing 12-month dividend yield of 3.99%.</p></div>


This article first appeared in The Edge Financial Daily, on September 29, 2016.

 

Superlon Holdings Bhd (+ve)

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