DailySpaceTek Seng Holdings Berhad
7200 · Main Market主板（Main Market） · annual reports 2023 to 2025, 952 entries read2023 至 2025 年报，共读出 952 条
The company这家公司
Tek Seng Holdings Berhad has more than 30 years of track record in the PVC-related industry. It operates three manufacturing plants located in Penang industrial areas, with two plants in Bukit Minyak Industrial Park and one in Penang Science Park.Tek Seng Holdings Berhad 在 PVC 相关行业拥有超过 30 年的营运记录。集团在槟城工业区拥有 3 座制造厂，其中 2 座位于武吉敏惹工业园（Bukit Minyak Industrial Park），1 座位于槟城科技园（Penang Science Park）。
Source: annual report 2023, page 15; annual report 2025, page 15.出处：2023 年年报第 15 页；2025 年年报第 15 页。
In 2025, revenue from external customers across the segments totalled RM152,432,856.2025 年，各部门来自外部客户的营业额合计 RM152,432,856。
Source: annual report 2025, page 117.出处：2025 年年报第 117 页。
By geographic market, Malaysia contributed RM74,022,050 of external revenue in 2025, followed by Indonesia with RM35,789,719, Iraq with RM17,461,220, Yemen with RM4,551,044, Turkey with RM4,334,198, and the United States with RM3,948,818. Two major customers accounted for RM22,665,851 and RM17,461,220 of revenue.按地域市场划分，马来西亚在 2025 年贡献外部营业额 RM74,022,050，其次是印度尼西亚 RM35,789,719、伊拉克 RM17,461,220、也门 RM4,551,044、土耳其 RM4,334,198 以及美国 RM3,948,818。两位主要客户分别占营业额 RM22,665,851 与 RM17,461,220。
Source: annual report 2025, pages 119, 120.出处：2025 年年报第 119、120 页。
Loh Kok Beng and Loh Kok Cheng are brothers, Directors and major shareholders. At 31 December 2025, Loh Kok Beng held 74,831,830 shares (20.75%) and Loh Kok Cheng held 74,582,030 shares (20.68%). Their sons Loh Jia Wooi and Loh Eng Chun are also Directors.Loh Kok Beng 与 Loh Kok Cheng 为兄弟，均是董事兼主要股东。截至 2025 年 12 月 31 日，Loh Kok Beng 持有 74,831,830 股（20.75%），Loh Kok Cheng 持有 74,582,030 股（20.68%）。两人的儿子 Loh Jia Wooi 与 Loh Eng Chun 亦同为董事。
Source: annual report 2025, pages 7, 8, 130.出处：2025 年年报第 7、8、130 页。
Shares held in pledged securities accounts include 6,154,300 shares (1.71%) for Lim Tian Huat, 4,048,600 shares (1.12%) for Cheong Chee Han, 2,494,100 shares (0.69%) and 2,340,000 shares (0.65%) in two accounts for Yong Shu Kong, 1,200,000 shares (0.33%) for Tan Chia Hong @ Gan Chia Hong, and 1,200,000 shares (0.33%) for Emier Helmee bin Md Dewa.存放于抵押证券账户的股份包括：Lim Tian Huat 名下 6,154,300 股（1.71%）、Cheong Chee Han 名下 4,048,600 股（1.12%）、Yong Shu Kong 在两个账户名下分别持有 2,494,100 股（0.69%）与 2,340,000 股（0.65%）、Tan Chia Hong @ Gan Chia Hong 名下 1,200,000 股（0.33%），以及 Emier Helmee bin Md Dewa 名下 1,200,000 股（0.33%）。
Source: annual report 2025, pages 129, 130.出处：2025 年年报第 129、130 页。
On 24 January 2025, a long-serving accountant retired and was succeeded by the newly promoted Chor Ting Shen. Several Director changes took place in 2024 and 2025, including the appointments of Hong Chum-Sam and Lin Kun-Chih on 26 March 2025 following the resignations of Su Ting-Hsing and Lin Ching-Piao.2025 年 1 月 24 日，一名资深会计师退休，由新晋升的 Chor Ting Shen 接任。2024 年与 2025 年董事会发生了数次人事变动，包括在 Su Ting-Hsing 与 Lin Ching-Piao 辞职后，于 2025 年 3 月 26 日委任 Hong Chum-Sam 与 Lin Kun-Chih 为董事。
Source: annual report 2024, pages 11, 49.出处：2024 年年报第 11、49 页。
External revenue by segment, 20252025 年各业务部门外部营业额
Source: annual report 2025, page 117.出处：2025 年年报第 117 页。
Major events大事记
Source: annual report 2023, page 100.出处：2023 年年报第 100 页。
Source: annual report 2024, page 49.出处：2024 年年报第 49 页。
Source: annual report 2024, page 48.出处：2024 年年报第 48 页。
Source: annual report 2024, page 11.出处：2024 年年报第 11 页。
Source: annual report 2024, page 49.出处：2024 年年报第 49 页。
Source: annual report 2025, pages 62, 128.出处：2025 年年报第 62、128 页。
Source: annual report 2025, pages 19, 65, 66.出处：2025 年年报第 19、65、66 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, liabilities and equity资产、负债与权益
20232023 年
In 2023, net cash from operating activities was RM25.73 million. Net cash used in investing activities was RM47.12 million, mainly due to the acquisition of investment properties amounting to RM42.09 million, which included freehold vacant land for a purchase consideration of RM26,982,947. Purchase of property, plant and equipment was RM757,442 and net purchase of other investments was RM4,406,459. Financing cash outflows included repayments of term loans of RM520,407 and payment of lease liabilities of RM264,000. No dividend was paid during the year.2023 年，营运活动所得现金净额为 RM25.73 million。投资活动所用现金净额为 RM47.12 million，主要是因为收购了 RM42.09 million 的投资产业，其中包括以 RM26,982,947 的购买代价购入永久地契空地。购买物业、厂房及设备支出为 RM757,442，购买其他投资净额为 RM4,406,459。融资现金流出包括偿还定期贷款 RM520,407 以及支付租赁负债 RM264,000。年内没有派付股息。
Source: annual report 2023, pages 17, 18, 51, 64.出处：2023 年年报第 17、18、51、64 页。
20242024 年
In 2024, net cash from operating activities was RM15.28 million. Net cash used in investing activities was RM13.62 million, mainly due to the acquisition of property, plant and equipment and investment properties amounting to RM12.38 million, which included RM11,108,525 paid for investment properties and RM1,273,907 for property, plant and equipment; a multi-level carpark was under construction, carried at RM10,096,429 at year end. Net purchase of other investments took RM1,234,995. Financing outflows were RM2.59 million, including an interim dividend of RM1,803,341, repayments of term loans of RM534,595, and lease liability payments of RM249,000.2024 年，营运活动所得现金净额为 RM15.28 million。投资活动所用现金净额为 RM13.62 million，主要是因为收购了 RM12.38 million 的物业、厂房及设备与投资产业，其中支付投资产业 RM11,108,525、物业、厂房及设备 RM1,273,907；多层停车场仍在兴建中，年底账面值为 RM10,096,429。购买其他投资净额耗用 RM1,234,995。融资流出为 RM2.59 million，包括中期股息 RM1,803,341、偿还定期贷款 RM534,595 以及支付租赁负债 RM249,000。
Source: annual report 2024, pages 18, 48, 65, 103.出处：2024 年年报第 18、48、65、103 页。
20252025 年
In 2025, net cash from operating activities was RM29.82 million. Net cash used in investing activities was RM26.68 million, mainly due to the acquisition of property, plant and equipment and investment properties of RM11.63 million and placement into short term money market funds of RM15.48 million, offset by proceeds from disposal of property, plant and equipment of RM430,500. Spending included RM7,738,393 on investment properties and RM3,890,632 on property, plant and equipment. Net cash used in financing activities was RM4.37 million, mainly due to dividend paid of RM3,606,681, repayments of term loans of RM508,065, and payment of lease liabilities of RM252,500.2025 年，营运活动所得现金净额为 RM29.82 million。投资活动所用现金净额为 RM26.68 million，主要是因为收购了 RM11.63 million 的物业、厂房及设备与投资产业，并向短期货币市场基金存放 RM15.48 million，部分被脱售物业、厂房及设备所得的 RM430,500 所抵销。实际支出包括投资产业 RM7,738,393 以及物业、厂房及设备 RM3,890,632。融资活动所用现金净额为 RM4.37 million，主要由于支付股息 RM3,606,681、偿还定期贷款 RM508,065 以及支付租赁负债 RM252,500。
Source: annual report 2025, pages 18, 62, 81.出处：2025 年年报第 18、62、81 页。
Across the three years三年合看
Across the three years, deposits pledged to banks for banking facilities granted to a subsidiary remained at RM20,000,000 in each year. Total term loans stood at RM19,885,870 in 2023, RM19,885,876 in 2024, and RM19,885,870 in 2025, of which RM9,997,425 was reclassified to current liabilities at end 2025 ahead of maturity in January 2026. Dividends paid were nil in 2023, RM1,803,341 in 2024, and RM3,606,681 in 2025. A final dividend of RM0.015 per share amounting to approximately RM5,410,022 was proposed for 2025.三年合看，为子公司银行授信而抵押给银行的存款在各年度均保持在 RM20,000,000。定期贷款总额在 2023 年为 RM19,885,870，2024 年为 RM19,885,876，2025 年为 RM19,885,870，其中 RM9,997,425 在 2025 年底因将于 2026 年 1 月到期而重分类至流动负债。派付股息在 2023 年为零，2024 年为 RM1,803,341，2025 年为 RM3,606,681。2025 年建议派发每股 RM0.015、总额约 RM5,410,022 的终期股息。
Source: annual report 2023, pages 18, 83, 95; annual report 2024, pages 48, 84, 99; annual report 2025, pages 18, 62, 74, 103, 104.出处：2023 年年报第 18、83、95 页；2024 年年报第 48、84、99 页；2025 年年报第 18、62、74、103、104 页。
Still to be spent尚未支出的承诺
Capital commitments contracted but not provided for were RM434,200 for property, plant and equipment and nil for investment properties at end 2023. At end 2024, contracted commitments were RM5,914,379 for investment properties and nil for property, plant and equipment. At end 2025, contracted commitments fell to RM67,500 for property, plant and equipment and RM32,450 for investment properties, totaling RM0.10 million. Across 2023, 2024, and 2025, no proceeds were raised by the company from any corporate proposal.2023 年底，已签约但未拨备的资本承诺中，物业、厂房及设备为 RM434,200，投资产业为零。2024 年底，投资产业的签约承诺为 RM5,914,379，物业、厂房及设备为零。2025 年底，签约承诺降至物业、厂房及设备 RM67,500，投资产业 RM32,450，合共 RM0.10 million。在 2023、2024 及 2025 年，公司均未通过任何企业提案筹集所得款项。
Source: annual report 2023, pages 95, 103; annual report 2024, pages 98, 107; annual report 2025, pages 18, 120, 131.出处：2023 年年报第 95、103 页；2024 年年报第 98、107 页；2025 年年报第 18、120、131 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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM令吉 | RM令吉 | RM令吉 | RM令吉 | |
| Revenue营业额 | 182,634,452 | 152,912,523 | 156,799,427 | 152,432,856 |
| Profit before tax税前盈利 | – | 11,043,923 | 13,309,674 | 15,822,567 |
| Profit for the financial year财政年度盈利 | – | 7,982,015 | 9,734,796 | 13,224,807 |
| Net cash from operating activities营运活动所得现金净额 | 20,177,073 | 25,726,238 | 15,283,815 | 29,820,514 |
| Purchase of property, plant and equipment购买物业、厂房及设备 | (2,419,530) | (757,442) | (1,273,907) | (3,890,632) |
| Net cash used in investing activities投资活动所用现金净额 | (26,666,330) | (47,124,185) | (13,617,427) | (26,680,526) |
| Dividend paid已付股息 | (3,606,681) | 0 | (1,803,341) | (3,606,681) |
| Total assets总资产 | 316,689,555 | 328,059,640 | 339,670,824 | 341,106,675 |
| Total liabilities总负债 | 49,715,439 | 53,103,509 | 56,783,238 | 48,600,963 |
| Total equity总权益 | 266,974,116 | 274,956,131 | 282,887,586 | 292,505,712 |
| Cash and bank balances现金与银行结余 | 54,568,088 | 32,273,056 | 31,552,796 | 30,044,990 |
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 |
|---|---|---|
| The group plans to replace older compressors with more energy-efficient inverter compressors and explore converting the steam system to a thermal oil system集团计划以更节能的变频压缩机替换旧压缩机，并探讨将蒸汽系统转为导热油系统 | The group conducted an energy audit in 2024, while conversion of the steam system to a thermal oil system remained under exploration in 2025集团于 2024 年开展了能源审计，而蒸汽系统转为导热油系统在 2025 年仍在探讨中 Source: annual report 2023, page 24; annual report 2024, page 24; annual report 2025, page 27.出处：2023 年年报第 24 页；2024 年年报第 24 页；2025 年年报第 27 页。 | Audit conducted; conversion under exploration已开展审计；转换仍在探讨中 |
| Term loans will mature in FYE 2024定期贷款将于 2024 财政年度到期 | Term loans were reclassified to non-current liabilities in 2024 with maturities in FYE 2026 and FYE 2029定期贷款在 2024 年被重新分类为非流动负债，到期日分别延至 2026 与 2029 财政年度 Source: annual report 2023, page 17; annual report 2024, page 17.出处：2023 年年报第 17 页；2024 年年报第 17 页。 | Maturities extended到期日已延长 |
| The Board will be seeking shareholders' approval for the proposed diversification of the existing business to include property investment董事会将就拟议将现有业务多元化拓展至房地产投资寻求股东批准 | The 2025 report does not mention seeking shareholders' approval for the diversification2025 年年报未再提及就多元化业务寻求股东批准 Source: annual report 2024, page 18; annual report 2025, pages 17, 117.出处：2024 年年报第 18 页；2025 年年报第 17、117 页。 | Not mentioned again未再提及 |
| A single tier second interim dividend of 1.0 sen per ordinary share (RM3,606,681) for FYE 2024 declared on 28 February 2025, to be paid on 9 April 2025于 2025 年 2 月 28 日宣布派发 2024 财政年度每股 1.0 仙（RM3,606,681）的单层第二期中期股息，将于 2025 年 4 月 9 日派发 | The second interim dividend of 1.0 sen per share amounting to RM3,606,681 was paid on 9 April 2025每股 1.0 仙、总额 RM3,606,681 的第二期中期股息已于 2025 年 4 月 9 日派发 Source: annual report 2024, pages 18, 48; annual report 2025, pages 19, 62.出处：2024 年年报第 18、48 页；2025 年年报第 19、62 页。 | Paid已派发 |
What the reports leave open年报留下待看的事
- Term loan repayment of RM9,997,425 reclassified to current liabilities following maturity in January 2026, out of total term loans of RM19,885,870.定期贷款总额 RM19,885,870 中，有 RM9,997,425 因将于 2026 年 1 月到期而重分类至流动负债的偿还情况。
Source: annual report 2025, pages 18, 74, 104.出处：2025 年年报第 18、74、104 页。
- Completion and impact of post-year-end property transactions: the disposal of two leasehold plots in Bandar Rawang agreed on 12 January 2026, and the purchase of freehold land in Bandar Alor Setar agreed on 23 February 2026.年结日后产业交易的完成与影响：2026 年 1 月 12 日签署协议脱售万挠市两块租赁地，以及 2026 年 2 月 23 日签署协议购买亚罗士打市永久地契土地。
Source: annual report 2025, pages 65, 66.出处：2025 年年报第 65、66 页。
- Proposed single tier final dividend of RM0.015 per ordinary share amounting to approximately RM5,410,022 for FYE 2025, scheduled for payment on 15 July 2026 subject to shareholder approval.2025 财政年度建议派发的每股 RM0.015、总额约 RM5,410,022 的单层终期股息，须待股东批准并预定于 2026 年 7 月 15 日派发。
Source: annual report 2025, pages 62, 137.出处：2025 年年报第 62、137 页。
- Potential pressure on input costs from Middle East geopolitical tensions, elevated energy prices, supply chain disruptions, and currency volatility noted since end February 2026.自 2026 年 2 月底以来注意到的中东地缘政治紧张局势、高企能源价格、供应链中断及汇率波动对投入成本造成的潜在压力。
Source: annual report 2025, page 66.出处：2025 年年报第 66 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-06.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 2026-11-06。