DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

Matang Berhad

0189 · ACE Market创业板(ACE Market) · annual reports 2023 to 2025, 442 entries read2023 至 2025 年报,共读出 442 条

Revenue, 20252025 年营业额RM21.6m2.16千万令吉up 27.8% from比 2024 年增加 27.8%,当年为 RM16.9m1.69千万令吉 in 2024
Profit before tax, 20252025 年税前盈利RM9.23m923万令吉up 86.6% from比 2024 年增加 86.6%,当年为 RM4.95m495万令吉 in 2024
Profit for the financial year, 20252025 年本年度盈利RM5.96m596万令吉up 85.8% from比 2024 年增加 85.8%,当年为 RM3.21m321万令吉 in 2024
Total equity, 20252025 年总权益RM248.3m2.48亿令吉up 0.9% from比 2024 年增加 0.9%,当年为 RM246.2m2.46亿令吉 in 2024

The company这家公司

Matang Berhad is predominantly involved in the management of plantation estates, cultivation of oil palm and durian, and sale of fresh fruit bunch and durian, which is its only reportable segment. All operations of the group are carried out in Malaysia.Matang Berhad 主要从事种植园管理、油棕和榴莲种植,以及鲜果串和榴莲的销售,这是其唯一的可报告部门。集团的所有业务均在马来西亚开展。

Source: annual report 2025, page 121.出处:2025 年年报第 121 页。

In FY2025, revenue comprised sale of palm products of RM20,498,560 and sale of durians of RM1,079,901. In FY2024, sale of palm products was RM16,437,918 and sale of durians was RM440,954, whereas in FY2023 the sole contributor of operating revenue was sales of fresh fruit bunch from Matang Estate.2025 财年,营业额包括棕榈产品销售 RM20,498,560 和榴莲销售 RM1,079,901。2024 财年,棕榈产品销售为 RM16,437,918,榴莲销售为 RM440,954;而在 2023 财年,营业额的唯一来源为 Matang 园丘的鲜果串销售。

Source: annual report 2023, page 23; annual report 2024, page 118; annual report 2025, page 117.出处:2023 年年报第 23 页;2024 年年报第 118 页;2025 年年报第 117 页。

The group also owns an industrial property in Kawasan Perindustrian Larkin, Johor Bahru, comprising three blocks of buildings on 3.20 acres of leasehold land expiring on 24 September 2031, which generated gross rental income of RM0.99 million in FY2025. It also owns 5,000 square meters of vacant freehold land in Tangkak leased to a food truck operator up to 31 March 2030.集团还在新山 Kawasan Perindustrian Larkin 拥有一处工业物业,包含位于 3.20 英亩租赁土地上的三座建筑,租约于 2031 年 9 月 24 日到期,该物业在 2025 财年产生租金毛收入 RM0.99 million。此外还拥有东甲一块 5,000 平方米的永久地契空地,出租给快餐车经营者直至 2030 年 3 月 31 日。

Source: annual report 2025, pages 17, 29.出处:2025 年年报第 17、29 页。

Malaysian Chinese Association holds a deemed interest of 26.32% (628,762,528 shares) in the company through Huaren Holdings Sdn Bhd (605,944,428 shares, 25.36%) and Rohua Sdn Bhd (19,768,000 shares, 0.83%). Ang Kian You holds 208,560,300 shares (8.73%). Pledged securities accounts include Alliancegroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Kuan Peng Ching @ Kuan Peng Soon with 87,023,300 shares (3.64%) and Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Lim Han Weng with 70,000,000 shares (2.93%). None of the directors has any family relationship with any other director or major shareholder of the company.马来西亚华人公会通过 Huaren Holdings Sdn Bhd(605,944,428 股,25.36%)和 Rohua Sdn Bhd(19,768,000 股,0.83%)视同持有公司 26.32% 股份(628,762,528 股)。Ang Kian You 持有 208,560,300 股(8.73%)。抵押证券账户包括为 Kuan Peng Ching @ Kuan Peng Soon 开立的 Alliancegroup Nominees (Tempatan) Sdn Bhd 抵押证券账户(87,023,300 股,3.64%)以及为 Lim Han Weng 开立的 Maybank Nominees (Tempatan) Sdn Bhd 抵押证券账户(70,000,000 股,2.93%)。各位董事之间以及与公司主要股东之间均无亲属关系。

Source: annual report 2025, pages 9, 126, 127.出处:2025 年年报第 9、126、127 页。

Datuk Ir. Low Ah Keong resigned as Executive Director on 31 March 2024, and Tan Tuan Peng was appointed as an Executive Director on 1 December 2023. Datuk Teoh Sew Hock retired from the board on 19 November 2024, and Tai Chee How was appointed as a Non-Independent Non-Executive Director on 16 July 2025.Datuk Ir. Low Ah Keong 于 2024 年 3 月 31 日辞任执行董事,Tan Tuan Peng 于 2023 年 12 月 1 日获任执行董事。Datuk Teoh Sew Hock 于 2024 年 11 月 19 日自董事会退任,Tai Chee How 于 2025 年 7 月 16 日获任非独立非执行董事。

Source: annual report 2024, pages 7, 20; annual report 2025, pages 8, 35, 82.出处:2024 年年报第 7、20 页;2025 年年报第 8、35、82 页。

Revenue by product, 20252025 年各产品营业额

Sale of palm products: 95.0%Sale of durians: 5.0%
Sale of palm products 95.0%棕榈产品销售 95.0%Sale of durians 5.0%榴莲销售 5.0%

Source: annual report 2025, page 117.出处:2025 年年报第 117 页。

Major events大事记

2022Private placement completed on 6 July 2022 with 217,200,020 shares issued, raising gross proceeds of RM21.09 million.2022 年 7 月 6 日完成私下配售,发行 217,200,020 股,募集资金总额 RM21.09 million。

Source: annual report 2023, pages 15, 56; annual report 2025, page 26.出处:2023 年年报第 15、56 页;2025 年年报第 26 页。

2022Development of second durian plantation (DP2.0) of 54.34 ha completed in October 2022.2022 年 10 月完成第二期榴莲种植园(DP2.0)的开发,面积 54.34 公顷。

Source: annual report 2023, page 16.出处:2023 年年报第 16 页。

2023Share sale agreement signed on 2 May 2023 to acquire Greencode Farm Sdn Bhd for RM30.57 million.2023 年 5 月 2 日签署股份买卖协议,以 RM30.57 million 收购 Greencode Farm Sdn Bhd。

Source: annual report 2023, page 15.出处:2023 年年报第 15 页。

2023Agreement to acquire industrial property from Star Media mutually terminated on 17 July 2023.2023 年 7 月 17 日双方同意终止向 Star Media 收购工业产业的协议。

Source: annual report 2023, page 15.出处:2023 年年报第 15 页。

2023Acquisition of Greencode Farm Sdn Bhd completed on 25 July 2023, adding 37.64 ha of mature oil palm and 17.092 ha of durian plantation.2023 年 7 月 25 日完成收购 Greencode Farm Sdn Bhd,增加约 37.64 公顷成熟油棕和 17.092 公顷榴莲种植园。

Source: annual report 2023, pages 15, 16.出处:2023 年年报第 15、16 页。

2023Greencode Farm Sdn Bhd changed its company name to Matang Agriculture and Plantation (Yong Peng) Sdn Bhd on 8 September 2023.Greencode Farm Sdn Bhd 于 2023 年 9 月 8 日更名为 Matang Agriculture and Plantation (Yong Peng) Sdn Bhd。

Source: annual report 2023, page 15; annual report 2024, page 15.出处:2023 年年报第 15 页;2024 年年报第 15 页。

2024Final batch of foreign workers under the 120 approved quota arrived in February 2024.在获批的 120 名外劳配额中,最后一批工人于 2024 年 2 月抵达。

Source: annual report 2024, page 19.出处:2024 年年报第 19 页。

2024Shareholders approved variation of RM14.02 million in placement proceeds at an EGM on 19 November 2024.股东于 2024 年 11 月 19 日的股东特别大会上批准变更 RM14.02 million 配售资金用途。

Source: annual report 2025, page 14.出处:2025 年年报第 14 页。

2025First year of the four-year replanting programme completed in June 2025.四年油棕翻种计划的第一年工程于 2025 年 6 月完成。

Source: annual report 2025, page 28.出处:2025 年年报第 28 页。

Revenue and profit营业额与盈利

Revenue营业额
2022
RM17.6m1.76千万令吉
2023
RM14.3m1.43千万令吉
2024
RM16.9m1.69千万令吉
2025
RM21.6m2.16千万令吉
Profit before tax税前盈利
2022
RM8.61m861万令吉
2023
RM3.36m336万令吉
2024
RM4.95m495万令吉
2025
RM9.23m923万令吉
Profit for the financial year本年度盈利
2022
RM5.69m569万令吉
2023
RM2.63m263万令吉
2024
RM3.21m321万令吉
2025
RM5.96m596万令吉

Assets, equity and liabilities资产、权益与负债

Total assets总资产
2022
RM233.6m2.34亿令吉
2023
RM251.9m2.52亿令吉
2024
RM251.8m2.52亿令吉
2025
RM254.9m2.55亿令吉
Total equity总权益
2022
RM228.3m2.28亿令吉
2023
RM246.8m2.47亿令吉
2024
RM246.2m2.46亿令吉
2025
RM248.3m2.48亿令吉
Total liabilities总负债
2022
RM5.25m525万令吉
2023
RM5.06m506万令吉
2024
RM5.60m560万令吉
2025
RM6.57m657万令吉

20232023 年

In FY2023, the company completed a private placement on 6 July 2022 issuing 217,200,020 new ordinary shares and raising cash proceeds of RM21,090,122. Net cash from investing activities was RM16,464,639, supported by RM16,639,154 of withdrawals of deposits over three months and interest received of RM2,809,820, while purchase of property, plant and equipment took RM3,003,005 and a deposit of RM3,056,620 was placed for acquiring Greencode Farm Sdn Bhd. Dividends paid amounted to RM5,256,240.2023 财年,公司于 2022 年 7 月 6 日完成私下配售,发行 217,200,020 股新普通股,募集现金净额 RM21,090,122。投资活动所得现金净额为 RM16,464,639,主要来自提取超过三个月的定期存款 RM16,639,154 和已收利息 RM2,809,820;购置物业、厂房及设备支出 RM3,003,005,并为收购 Greencode Farm Sdn Bhd 支付了 RM3,056,620 的定金。已付股息总计 RM5,256,240。

Source: annual report 2023, pages 15, 59, 73, 90.出处:2023 年年报第 15、59、73、90 页。

20242024 年

In FY2024, the acquisition of Greencode Farm Sdn Bhd (renamed Matang Agriculture and Plantation (Yong Peng) Sdn Bhd) was completed on 25 July 2023 for RM30.57 million, with RM27.6 million in cash paid out in July 2023. Purchase of property, plant and equipment took RM33,999,262, and net cash used in investing activities was RM34,408,724. Dividends paid were RM3,822,529, and cash and bank balances stood at RM2,134,402 at year end.2024 财年,收购 Greencode Farm Sdn Bhd(后更名为 Matang Agriculture and Plantation (Yong Peng) Sdn Bhd)于 2023 年 7 月 25 日以 RM30.57 million 完成,2023 年 7 月支付了 RM27.6 million 现金。购置物业、厂房及设备支出 RM33,999,262,投资活动所用现金净额为 RM34,408,724。已付股息为 RM3,822,529,年末现金及银行结余为 RM2,134,402。

Source: annual report 2024, pages 15, 26, 79, 94, 114.出处:2024 年年报第 15、26、79、94、114 页。

20252025 年

In FY2025, placement of deposits with licensed banks for more than three months took RM27,815,353, and purchase of property, plant and equipment took RM3,186,790. Net cash used in investing activities was RM28,548,003, and net cash used in financing activities was RM4,035,478, which included dividends paid of RM3,822,478. The company had no borrowings or debt securities outstanding during the year.2025 财年,存入超过三个月的持牌银行定期存款占用 RM27,815,353,购置物业、厂房及设备支出 RM3,186,790。投资活动所用现金净额为 RM28,548,003,融资活动所用现金净额为 RM4,035,478,其中包括已付股息 RM3,822,478。公司年内无未偿还借款或债务证券。

Source: annual report 2025, pages 26, 94, 95.出处:2025 年年报第 26、94、95 页。

Across the three years三年合看

At end FY2025 the group was debt-free, holding its liquid funds in deposits with licensed banks (RM48,169,929 at end FY2025) and short term funds (RM25,543,549 at end FY2025). Total assets expanded from RM233.6 million at end FY2022 to RM254.9 million at end FY2025. Single-tier dividends paid were 0.22 sen per share for FY2022, 0.16 sen per share for FY2023, and 0.16 sen per share for FY2024, with a dividend of 0.22 sen per share proposed for FY2025.截至 2025 财年末集团无负债,流动资金主要以持牌银行定期存款(2025 财年末为 RM48,169,929)和短期基金(2025 财年末为 RM25,543,549)形式持有。总资产从 2022 财年末的 RM233.6 million 增加至 2025 财年末的 RM254.9 million。所派发单层股息分别为 2022 财年的每股 0.22 仙、2023 财年的每股 0.16 仙及 2024 财年的每股 0.16 仙,并建议就 2025 财年派发每股 0.22 仙股息。

Source: annual report 2023, page 59; annual report 2024, pages 27, 79, 97; annual report 2025, pages 13, 81, 112.出处:2023 年年报第 59 页;2024 年年报第 27、79、97 页;2025 年年报第 13、81、112 页。

Still to be spent尚未支出的承诺

At 30 June 2025, unutilised working capital proceeds from the 2021 private placement stood at RM8.02 million. Following approval at an EGM on 19 November 2024, the remaining RM14.02 million from the 2022 private placement was reallocated to working capital (RM10.00 million for plantation development and operations and RM4.02 million for downstream durian activities) and remained entirely unutilised at 30 June 2025. Contracted capital commitments fell from RM1,946,300 in FY2023 to RM706,877 in FY2024 and RM174,139 in FY2025.截至 2025 年 6 月 30 日,2021 年私下配售未动用的营运资金余额为 RM8.02 million。在 2024 年 11 月 19 日的股东特别大会上获批后,2022 年私下配售剩余的 RM14.02 million 被重新分配至营运资金(RM10.00 million 用于种植园发展和运营,RM4.02 million 用于榴莲下游业务),截至 2025 年 6 月 30 日仍完全未动用。已签约的资本承诺从 2023 财年的 RM1,946,300 降至 2024 财年的 RM706,877,再降至 2025 财年的 RM174,139。

Source: annual report 2023, page 99; annual report 2024, page 122; annual report 2025, pages 14, 77, 119.出处:2023 年年报第 99 页;2024 年年报第 122 页;2025 年年报第 14、77、119 页。

Four years of figures四年数字

Group figures, in RM, as printed in the statements.集团数字,单位令吉,照财务报表所印。

Group集团2022202320242025
RM令吉RM令吉RM令吉RM令吉
Revenue营业额17,625,24514,327,11016,878,87221,578,461
Profit before tax税前盈利8,614,9083,356,0754,945,3319,228,486
Profit for the financial year本年度盈利5,689,3212,626,8463,209,5655,963,613
Purchase of property, plant and equipment购置物业、厂房及设备(2,406,737)(3,003,005)(33,999,262)(3,186,790)
Dividend paid已付股息(4,344,000)(5,256,240)(3,822,529)(3,822,478)
Total assets总资产233,591,174251,859,158251,793,120254,891,619
Total equity总权益228,338,574246,802,467246,195,833248,319,033
Total liabilities总负债5,252,6005,056,6915,597,2876,572,586
Cash and bank balances现金及银行结余1,858,89629,222,0012,134,4023,001,583
Short term funds短期基金22,742,58423,628,90624,570,65625,543,549

On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上,可看到它印在哪份年报的哪一页。

Said and done说过的与做到的

What the reports said年报说要做的What later reports show之后年报显示的Status状态
Acquisition of two industrial property units from Star Media for RM33,000,000 via issuance of 357,000,000 shares (2023)通过发行 357,000,000 股以 RM33,000,000 向 Star Media 收购两座工业产业(2023)The agreement was mutually terminated on 17 July 2023 as Star Media failed to obtain shareholders approval; corporate exercise expenses were written off.因 Star Media 未能获得股东批准,该协议于 2023 年 7 月 17 日双方同意终止;相关企业重组费用已作核销。

Source: annual report 2023, pages 14, 15; annual report 2024, page 15.出处:2023 年年报第 14、15 页;2024 年年报第 15 页。

Terminated已终止
Scheduled 4-year replanting programme for 312.29 ha of oil palm, commencing with 77.2 ha in July 2024 (2024)计划对 312.29 公顷油棕开展四年翻种工程,第一期 77.2 公顷于 2024 年 7 月启动(2024)The first year of the programme was completed in June 2025, and the second year is in progress.翻种计划第一年工程于 2025 年 6 月完成,第二年工程正在进行中。

Source: annual report 2024, page 19; annual report 2025, pages 16, 28.出处:2024 年年报第 19 页;2025 年年报第 16、28 页。

First year done; second year in progress第一年已完成;第二年进行中
First and final single tier dividend of 0.16 sen per share recommended for FY2024 (2024)建议就 2024 财年派发每股 0.16 仙的首次及终期单层股息(2024)Dividend was paid on 8 January 2025, totalling RM3,822,478.股息于 2025 年 1 月 8 日派发,总计 RM3,822,478。

Source: annual report 2024, pages 20, 135; annual report 2025, pages 81, 95.出处:2024 年年报第 20、135 页;2025 年年报第 81、95 页。

Paid已派发
Unutilised proceeds of PP 2022 to be used for future acquisitions within 30 months, to 5 January 2025 (2024)2022 年配售未动用资金将在 30 个月内用于未来收购,截至 2025 年 1 月 5 日(2024)Shareholders approved varying the proceeds on 19 November 2024, reallocating the RM14.02 million to working capital instead of acquisitions.股东于 2024 年 11 月 19 日批准变更用途,将 RM14.02 million 重新分配至营运资金而非收购。

Source: annual report 2024, page 75; annual report 2025, page 14.出处:2024 年年报第 75 页;2025 年年报第 14 页。

Varied to working capital已变更为营运资金

What the reports leave open年报留下待看的事

  • The lease for the Larkin Investment Property expires on 24 September 2031; previous extension applications have been rejected on multiple occasions, and the land faces surrender to the Johor State Authority if not renewed, ending rental income of RM0.99 million.Larkin 投资产业租约将于 2031 年 9 月 24 日到期;以往多次延期申请均被驳回,若未能续期,土地将归还柔佛州政府,导致损失 RM0.99 million 的租金收入。

    Source: annual report 2025, page 29.出处:2025 年年报第 29 页。

  • Utilisation of the RM14.02 million in reallocated private placement proceeds (RM10.00 million for plantation development and RM4.02 million for downstream durian activities), which remained entirely unutilised at 30 June 2025.重新分配的 RM14.02 million 私下配售资金的动用情况(RM10.00 million 用于种植园发展,RM4.02 million 用于榴莲下游业务),截至 2025 年 6 月 30 日该款项仍完全未动用。

    Source: annual report 2025, pages 14, 77.出处:2025 年年报第 14、77 页。

  • Execution of the second year of the four-year oil palm replanting programme covering 312.29 ha in Segamat Estate, following completion of the first 77.2 ha in June 2025.昔加末园丘 312.29 公顷油棕四年翻种计划第二年的执行情况,第一期 77.2 公顷已于 2025 年 6 月完成。

    Source: annual report 2024, page 19; annual report 2025, pages 16, 28.出处:2024 年年报第 19 页;2025 年年报第 16、28 页。

  • Progress of the young durian plantations in Segamat Estate (103.94 ha under DP1.0 and DP2.0) towards flowering and downstream durian paste processing.昔加末园丘幼龄榴莲园(DP1.0 与 DP2.0 共 103.94 公顷)走向开花以及榴莲泥下游加工的进展。

    Source: annual report 2024, page 20; annual report 2025, pages 16, 17.出处:2024 年年报第 20 页;2025 年年报第 16、17 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-24.内容为公司年报所印的事实,并注明页码;不评级,不构成投资建议。生成日期 2026-10-24。