<div class=newsTextDataWrapInner><p><strong>Lee Swee Kiat Group Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>LEESK (Fundamental: 1.4/3, Valuation: 1.5/3) is principally involved in manufacturing, trading and distribution of bedding accessories and mattresses, including high-end international brands – Napure, Tempur and Englander. 50% of its products are exported throughout South East Asia, Australia, US and Europe.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company’s share price has risen sharply this week on active trading, gaining 57.5% to close at an all-time high of 31.5 sen yesterday.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Revenue hovered between RM60.7 million and RM62.9 million from 2010 to 2013. In 2014, LEESK reported a strong 159.6% surge in pre-tax profit to RM4.79 million, attributed, mainly, to higher sales volume and favourable forex rate.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company expanded its retail chain stores, the International Brands Gallery (IBG), from 9 outlets in 2011 to 19 outlets by May 2014. LEESK has also widened its product offerings to include top Italian sofa brands — Calia Italia and Meta Italia in 2012.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><img alt="leeswee_120315" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/leeswee_120315.png" style="height:662px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on March 12, 2015.</p></div>


Lee Swee Kiat Group Bhd (-ve)

LEESK (Fundamental: 1.4/3, Valuation: 1.5/3) is principally involved in manufacturing, trading and distribution of bedding accessories and mattresses, including high-end international brands – Napure, Tempur and Englander. 50% of its produc...

Stocks With Momentum: Lee Swee Kiat 

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