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

United Malacca Berhad

2593 · Main Market主板 · annual reports 2024 to 2026, 1768 entries read2024 至 2026 年报,共读出 1768 条

Revenue, 20262026 年营业额RM813.4m8.13亿令吉up 14.4% from比 2025 年增加 14.4%,当年为 RM711.2m7.11亿令吉 in 2025
Profit before tax, 20262026 年税前盈利RM185.0m1.85亿令吉up 41.4% from比 2025 年增加 41.4%,当年为 RM130.9m1.31亿令吉 in 2025
Net cash flows from operating activities, 20262026 年营运活动所得现金净额RM240.3m2.40亿令吉up 25.4% from比 2025 年增加 25.4%,当年为 RM191.6m1.92亿令吉 in 2025
Total equity, 20262026 年总权益RM1,559.0m15.59亿令吉up 2.1% from比 2025 年增加 2.1%,当年为 RM1,526.7m15.27亿令吉 in 2025

The company这家公司

United Malacca Berhad is an oil palm plantation company. Its subsidiaries are involved in investment holding, cultivation of oil palm, palm oil milling, agroforestry plantations and providing management consultancy services.United Malacca Berhad 是一家油棕种植公司。其附属公司的业务包括投资控股、油棕种植、棕油压榨、农林种植以及提供管理咨询服务。

Source: annual report 2024, pages 105, 124.出处:2024 年年报第 105、124 页。

In 2026, revenue from Malaysian operations was RM568.6 million and Indonesian operations RM244.8 million. Sale of palm oil milling products contributed RM691.6 million and sale of fresh fruit bunches contributed RM121.9 million. Two groups of major customers accounted for RM522,331,000 or 64% of total group revenue.2026 年,马来西亚业务营业额为 RM568.6 million,印度尼西亚业务为 RM244.8 million。棕油压榨产品销售额贡献 RM691.6 million,油棕鲜果串销售额贡献 RM121.9 million。两组主要客户占集团总营业额的 RM522,331,000 或 64%。

Source: annual report 2026, pages 37, 153, 195.出处:2026 年年报第 37、153、195 页。

Prosper Capital Holdings Sdn. Bhd. holds 29,476,500 shares directly and 12,207,178 shares indirectly through Prosper Trading Sdn Berhad, totalling 41,683,678 shares or 19.87%. A pledged securities account for Prosper Capital Holdings Sdn. Bhd. holds 11,516,700 shares (5.49%). Citigroup Nominees (Tempatan) Sdn. Bhd. for Great Eastern Life Assurance (Malaysia) Berhad holds 19,155,323 shares (9.13%) and HSBC Nominees (Asing) Sdn. Bhd. holds 14,100,887 shares (6.72%).Prosper Capital Holdings Sdn. Bhd. 直接持有 29,476,500 股,并通过 Prosper Trading Sdn Berhad 间接持有 12,207,178 股,合共持有 41,683,678 股(19.87%)。Prosper Capital Holdings Sdn. Bhd. 的质押证券账户持有 11,516,700 股(5.49%)。Citigroup Nominees (Tempatan) Sdn. Bhd. 为 Great Eastern Life Assurance (Malaysia) Berhad 持有 19,155,323 股(9.13%),HSBC Nominees (Asing) Sdn. Bhd. 持有 14,100,887 股(6.72%)。

Source: annual report 2026, page 212.出处:2026 年年报第 212 页。

Mr. Tee Cheng Hua is the uncle of Dato’ Sri Tee Lip Sin and the father of Mr. Tee Lip Zhun. Mr. Tee Lip Zhun is a cousin of Dato’ Sri Tee Lip Sin. Datin Paduka Tan Siok Choo is the aunt of Mr. Ng Ming Shern, and is deemed interested in shares held by her siblings and her sibling’s spouse.Mr. Tee Cheng Hua 是 Dato’ Sri Tee Lip Sin 的叔父,也是 Mr. Tee Lip Zhun 的父亲。Mr. Tee Lip Zhun 是 Dato’ Sri Tee Lip Sin 的堂表亲。Datin Paduka Tan Siok Choo 是 Mr. Ng Ming Shern 的姑母,并被视为对其兄弟姐妹及其兄弟姐妹配偶所持有的股份拥有权益。

Source: annual report 2026, pages 11, 14, 18, 212.出处:2026 年年报第 11、14、18、212 页。

Tan Jiew Hoe resigned as director of the company on 27 September 2023. Teo Leng retired from the board on 26 September 2025. Tee Lip Zhun was appointed Non-Independent Non-Executive Director on 12 June 2025. Ng Ming Shern, appointed alternate director to Datin Paduka Tan Siok Choo on 1 October 2024, was appointed Non-Independent Non-Executive Director on 1 October 2025. Dato Dr. Nik Ramlah Binti Nik Mahmood will step down from the board at the annual general meeting on 25 September 2026.Tan Jiew Hoe 于 2023 年 9 月 27 日辞任公司董事。Teo Leng 于 2025 年 9 月 26 日自董事会退休。Tee Lip Zhun 于 2025 年 6 月 12 日获委任为非独立非执行董事。Ng Ming Shern 于 2024 年 10 月 1 日获委任为 Datin Paduka Tan Siok Choo 的替代董事,并于 2025 年 10 月 1 日获委任为非独立非执行董事。Dato Dr. Nik Ramlah Binti Nik Mahmood 将于 2026 年 9 月 25 日的股东周年大会上退任董事会职务。

Source: annual report 2024, page 106; annual report 2025, page 81; annual report 2026, pages 18, 29, 95.出处:2024 年年报第 106 页;2025 年年报第 81 页;2026 年年报第 18、29、95 页。

Revenue by geography, 20262026 年各地区营业额占比

Malaysia: 69.9%Indonesia: 30.1%
Malaysia 69.9%马来西亚 69.9%Indonesia 30.1%印度尼西亚 30.1%

Source: annual report 2026, page 34.出处:2026 年年报第 34 页。

Major events大事记

2023Tan Jiew Hoe resigned as a director of the company on 27 September 2023.Tan Jiew Hoe 于 2023 年 9 月 27 日辞任公司董事。

Source: annual report 2024, pages 80, 106.出处:2024 年年报第 80、106 页。

2024The company announced on 23 July 2024 its intention to operate a shared service centre through joint venture company PARAS, taking up a 30% shareholding.公司于 2024 年 7 月 23 日宣布计划通过合资公司 PARAS 共同营运共享服务中心,并认购 30% 股权。

Source: annual report 2024, pages 199, 200.出处:2024 年年报第 199、200 页。

2024Ng Ming Shern was appointed alternate director to Datin Paduka Tan Siok Choo on 1 October 2024.Ng Ming Shern 于 2024 年 10 月 1 日获委任为 Datin Paduka Tan Siok Choo 的替代董事。

Source: annual report 2025, page 81.出处:2025 年年报第 81 页。

2025Tee Lip Zhun was appointed Non-Independent Non-Executive Director on 12 June 2025.Tee Lip Zhun 于 2025 年 6 月 12 日获委任为非独立非执行董事。

Source: annual report 2025, pages 17, 87.出处:2025 年年报第 17、87 页。

2025The group agreed on 29 July 2025 to acquire the remaining 17% effective equity interest in PT Lifere Agro Kapuas for RM42,626,000, completed in August 2025.集团于 2025 年 7 月 29 日同意以 RM42,626,000 收购 PT Lifere Agro Kapuas 余下 17% 有效股权,并于 2025 年 8 月完成。

Source: annual report 2026, pages 128, 174.出处:2026 年年报第 128、174 页。

2025Teo Leng retired as director on 26 September 2025, and Ng Ming Shern was appointed Non-Independent Non-Executive Director on 1 October 2025.Teo Leng 于 2025 年 9 月 26 日退休卸任董事,Ng Ming Shern 于 2025 年 10 月 1 日获委任为非独立非执行董事。

Source: annual report 2026, page 95.出处:2026 年年报第 95 页。

2026The group fully repaid its USD14.0 million revolving credit facility, leaving no outstanding bank borrowings at 30 April 2026.集团全数偿还 USD14.0 million 循环信贷,截至 2026 年 4 月 30 日已无任何未偿还银行借款。

Source: annual report 2026, page 38.出处:2026 年年报第 38 页。

Revenue, profit before tax and operating cash营业额、税前盈利与营运现金

Revenue营业额
2023
RM604.5m6.04亿令吉
2024
RM595.6m5.96亿令吉
2025
RM711.2m7.11亿令吉
2026
RM813.4m8.13亿令吉
Profit before tax税前盈利
2023
RM82.2m8.22千万令吉
2024
RM74.6m7.46千万令吉
2025
RM130.9m1.31亿令吉
2026
RM185.0m1.85亿令吉
Net cash flows from operating activities营运活动所得现金净额
2023
RM117.5m1.17亿令吉
2024
RM88.7m8.87千万令吉
2025
RM191.6m1.92亿令吉
2026
RM240.3m2.40亿令吉

Total assets and equity总资产与总权益

Total assets总资产
2023
RM1,841.9m18.42亿令吉
2024
RM1,848.7m18.49亿令吉
2025
RM1,853.1m18.53亿令吉
2026
RM1,821.5m18.21亿令吉
Total equity总权益
2023
RM1,467.4m14.67亿令吉
2024
RM1,481.3m14.81亿令吉
2025
RM1,526.7m15.27亿令吉
2026
RM1,559.0m15.59亿令吉

20242024 年

Cash and bank balances and short term funds totalled RM126.1 million at 30 April 2024, compared with RM123.8 million in 2023. The group spent RM50,407,000 on purchase of property, plant and equipment. It partly repaid the RM11.0 million term loan for PT Lifere Agro Kapuas's mill, leaving outstanding bank borrowings of RM102.9 million after a foreign currency adjustment of RM3.4 million. Total single-tier dividends for the year were 12 sen per share or RM25.2 million.截至 2024 年 4 月 30 日,现金与银行结余及短期基金共计 RM126.1 million,2023 年为 RM123.8 million。集团支出 RM50,407,000 购买物业、厂房与设备。集团部分偿还了 PT Lifere Agro Kapuas 棕油厂的 RM11.0 million 定期贷款,经外币折算调整 RM3.4 million 后,未偿还银行借款为 RM102.9 million。全年单层股息总额为每股 12 仙或 RM25.2 million。

Source: annual report 2024, pages 25, 35, 123.出处:2024 年年报第 25、35、123 页。

20252025 年

At 30 April 2025, cash and bank balances and short term funds reached RM214.8 million. The group spent RM41,290,000 on purchase of property, plant and equipment and invested RM600,000 in an associate. It fully repaid the RM29.7 million term loan for the mill in Kalimantan and partially repaid the RM4.2 million revolving credit, leaving bank borrowings at RM60.4 million after a foreign currency adjustment of RM8.6 million. Total dividends for the year were 18 sen or RM37.8 million, while RM25,172,000 was paid during the financial year.截至 2025 年 4 月 30 日,现金与银行结余及短期基金达到 RM214.8 million。集团支出 RM41,290,000 购买物业、厂房与设备,并向一家联营公司投资 RM600,000。集团全数偿还加里曼丹棕油厂的 RM29.7 million 定期贷款,并部分偿还 RM4.2 million 循环信贷,经外币折算调整 RM8.6 million 后,银行借款为 RM60.4 million。全年股息总额为 18 仙或 RM37.8 million,财政年度内已付股息为 RM25,172,000。

Source: annual report 2025, pages 34, 39, 126, 127.出处:2025 年年报第 34、39、126、127 页。

20262026 年

At 30 April 2026, cash and bank balances and short term funds rose to RM287.8 million. The group paid RM42,626,000 to acquire the remaining non-controlling interests in its Indonesian operations, and spent RM40,361,000 on purchase of property, plant and equipment. It fully repaid its USD14.0 million revolving credit facility, equivalent to RM58.9 million, leaving no outstanding borrowings at 30 April 2026. Total dividends for the year were 20 sen or RM42.0 million, and dividends paid during the financial year were RM41,954,000.截至 2026 年 4 月 30 日,现金与银行结余及短期基金升至 RM287.8 million。集团支付 RM42,626,000 收购其印度尼西亚业务的余下非控股权益,并支出 RM40,361,000 购买物业、厂房与设备。集团全数偿还 USD14.0 million(相当于 RM58.9 million)的循环信贷,截至 2026 年 4 月 30 日已无任何未偿还借款。全年股息总额为 20 仙或 RM42.0 million,财政年度内已付股息为 RM41,954,000。

Source: annual report 2026, pages 28, 38, 142.出处:2026 年年报第 28、38、142 页。

Across the three years三年合看

Operating cash flow rose each year, from RM88.7 million in 2024 to RM191.6 million in 2025 and RM240.3 million in 2026. Bank borrowings declined from RM110.5 million at end 2023 to RM102.9 million in 2024, RM60.4 million in 2025, and zero in 2026. Cash and bank balances and short term funds increased from RM126.1 million in 2024 to RM214.8 million in 2025 and RM287.8 million in 2026. Purchase of property, plant and equipment was RM50,407,000 in 2024, RM41,290,000 in 2025, and RM40,361,000 in 2026.营运现金流逐年增加,从 2024 年的 RM88.7 million 增至 2025 年的 RM191.6 million 及 2026 年的 RM240.3 million。银行借款从 2023 年底的 RM110.5 million 降至 2024 年的 RM102.9 million、2025 年的 RM60.4 million,并在 2026 年归零。现金与银行结余及短期基金从 2024 年的 RM126.1 million 增至 2025 年的 RM214.8 million 及 2026 年的 RM287.8 million。购买物业、厂房与设备支出在 2024 年为 RM50,407,000,2025 年为 RM41,290,000,2026 年为 RM40,361,000。

Source: annual report 2024, pages 35, 123; annual report 2025, pages 39, 126; annual report 2026, pages 38, 142.出处:2024 年年报第 35、123 页;2025 年年报第 39、126 页;2026 年年报第 38、142 页。

Still to be spent尚未支出的承诺

At 30 April 2026, the capital commitments note lists RM55,815,000 for the construction of a new palm oil mill in Malaysia and RM35,489,000 for purchase of other property, plant and equipment.截至 2026 年 4 月 30 日,资本承诺附注列出用于在马来西亚兴建新棕油厂的 RM55,815,000 及用于购买其他物业、厂房与设备的 RM35,489,000。

Source: annual report 2026, page 192.出处:2026 年年报第 192 页。

Four years of figures四年数字

Group figures, in RM thousand (×1,000), as printed in the statements.集团数字,单位千令吉(×1,000),照财务报表所印。

Group集团2023202420252026
RM'000千令吉RM'000千令吉RM'000千令吉RM'000千令吉
Revenue营业额604,497595,640711,241813,420
Profit before tax税前盈利82,22174,571130,879185,025
Profit for the financial year本年度盈利55,52147,76894,942142,353
Net cash flows from operating activities营运活动所得现金净额117,48788,702191,632240,255
Purchase of property, plant and equipment购买物业、厂房与设备(50,575)(50,407)(41,290)(40,361)
Dividends paid已付股息(31,465)(25,172)(25,172)(41,954)
Short term funds短期基金50,13352,979115,103201,386
Cash and bank balances现金与银行结余73,67073,07899,73386,453
Total assets总资产1,841,9431,848,7281,853,1391,821,491
Total liabilities总负债374,554367,420326,445262,461
Total equity总权益1,467,3891,481,3081,526,6941,559,030

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
Expected to complete the PARAS joint venture by the second half of 2024, taking 600,000 shares (30%)预计于 2024 年下半年完成 PARAS 合资项目,认购 600,000 股(30%)Invested RM600,000 in associate PARAS during 2025 and engaged it for plantation consultancy and advisory services于 2025 年向联营公司 PARAS 投资 RM600,000,并聘请其提供种植咨询及顾问服务

Source: annual report 2024, page 200; annual report 2025, pages 89, 126, 163.出处:2024 年年报第 200 页;2025 年年报第 89、126、163 页。

Carried out已执行
Planned to build a new palm oil mill in Millian-Labau Estates in Sabah, with capital expenditure of RM56,154,000 approved but not contracted for at 30 April 2024计划在沙巴 Millian-Labau 种植园兴建新棕油厂,截至 2024 年 4 月 30 日已批准但未签约资本支出为 RM56,154,000Still approved but not contracted for in subsequent reports, standing at RM56,086,000 in 2025 and RM55,815,000 in 2026在后续年报中仍属已批准但未签约状态,2025 年为 RM56,086,000,2026 年为 RM55,815,000

Source: annual report 2024, pages 43, 186; annual report 2025, pages 46, 178; annual report 2026, pages 46, 192.出处:2024 年年报第 43、186 页;2025 年年报第 46、178 页;2026 年年报第 46、192 页。

Still not contracted尚未签约
Expected 303 hectares in Malaysia and 380 hectares in Kalimantan to mature in FY 2025预计 2025 财政年度马来西亚有 303 公顷及加里曼丹有 380 公顷油棕成熟314 hectares in Malaysia and 402 hectares in Kalimantan reached maturity during FY 20252025 财政年度马来西亚有 314 公顷及加里曼丹有 402 公顷油棕成熟

Source: annual report 2024, page 39; annual report 2025, page 42.出处:2024 年年报第 39 页;2025 年年报第 42 页。

Carried out已执行
Targeted to replant about 378 hectares in Malaysia in FY 2025目标在 2025 财政年度于马来西亚重新种植约 378 公顷油棕302 hectares of matured area were replanted in Malaysia during FY 20252025 财政年度在马来西亚重新种植了 302 公顷成熟区油棕

Source: annual report 2024, page 41; annual report 2025, page 42.出处:2024 年年报第 41 页;2025 年年报第 42 页。

302 hectares replanted完成重植 302 公顷
Targeted an average of 6 training hours per employee in FY 2025设定 2025 财政年度每名员工平均培训时间为 6 小时的目标Achieved the target with 6 training hours per employee in FY 2025在 2025 财政年度达到每名员工 6 小时的培训目标

Source: annual report 2024, page 59; annual report 2025, page 64.出处:2024 年年报第 59 页;2025 年年报第 64 页。

Achieved已达成

What the reports leave open年报留下待看的事

  • Whether the approved capital expenditure of RM55,815,000 for the new palm oil mill in Millian-Labau becomes contracted and when construction begins.Millian-Labau 新棕油厂已批准的 RM55,815,000 资本支出是否会转为正式签约,以及何时动工。

    Source: annual report 2026, pages 46, 192.出处:2026 年年报第 46、192 页。

  • Impact of the forecast Super El Nino, which MetMalaysia predicts could intensify in November 2026, reduce rainfall by 10% to 20%, and push temperatures to 39 to 40 degrees Celsius.气象局预测的超级厄尔尼诺现象的影响,该现象可能于 2026 年 11 月增强,导致降雨量减少 10% 至 20%,气温升至 39 至 40 摄氏度。

    Source: annual report 2026, pages 26, 27.出处:2026 年年报第 26、27 页。

  • Transfer of land titles for the newly acquired 525 hectares of land in Sabah, which the group has taken possession of.沙巴新收购的 525 公顷土地的所有权转让进展,集团已在业主同意下接收该物业。

    Source: annual report 2026, pages 22, 210.出处:2026 年年报第 22、210 页。

  • Resolution of deferred planting on approximately 59,920 hectares under the HTI licence in Sulawesi; in 2026 the group recognised impairment of bearer plants of RM5,421,000 and of an intangible asset of RM165,000.苏拉威西持有 HTI 许可证约 59,920 公顷土地的延期种植处理进展,集团在 2026 年计提生产性植物减值 RM5,421,000 及无形资产减值 RM165,000。

    Source: annual report 2026, pages 24, 36, 168, 177.出处:2026 年年报第 24、36、168、177 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.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 2026-10-30。