DailySpaceBright Packaging Industry Berhad
9938 · Main Market主板 · annual reports 2023 to 2025, 769 entries read2023 至 2025 年报，共读出 769 条
The company这家公司
Bright Packaging Industry Berhad was incorporated in 1988 and listed on the Malaysian stock exchange in 1996. The company manufactures aluminium foil packaging materials, providing services including lamination, coating, slitting and sheeting, as well as customised metallised film laminate onto tissue, wood-free, board and inner frame.Bright Packaging Industry Berhad 于 1988 年成立，并于 1996 年在马来西亚证券交易所上市。公司从事铝箔包装材料制造，提供的服务包括贴合、涂布、分切与切张，以及将定制金属化薄膜贴合至棉纸、无木浆纸、纸板和内框纸。
Source: annual report 2024, pages 7, 141; annual report 2025, page 9.出处：2024 年年报第 7、141 页；2025 年年报第 9 页。
Major customers include Philip Morris and its affiliates, as well as packaging for Johnnie Walker, Chivas Regal, and affiliates of Diageo, Unilever, and Procter and Gamble. During 2025, RM54,575,429 of revenue depended on a single customer that accounted for 10% or more of group revenue, compared with RM43,316,485 in 2024.主要客户包括 Philip Morris 及其关联公司，并为 Johnnie Walker、Chivas Regal 以及 Diageo、Unilever 和 Procter and Gamble 的关联公司供应包装。2025 年内，占集团营业额 10% 或以上的单一客户贡献了 RM54,575,429 营业额，2024 年为 RM43,316,485。
Source: annual report 2024, page 7; annual report 2025, pages 8, 142.出处：2024 年年报第 7 页；2025 年年报第 8、142 页。
The group exports its products to countries across Asia and beyond. In 2025, revenue came predominantly from Indonesia at RM26,647,468 and the Philippines at RM18,270,115, followed by India at RM7,903,616 and Korea at RM2,045,429, while Malaysia accounted for RM610,820.集团将产品出口至亚洲及其他地区的多个国家。2025 年，营业额主要来自印度尼西亚（RM26,647,468）和菲律宾（RM18,270,115），其次是印度（RM7,903,616）和韩国（RM2,045,429），马来西亚则贡献 RM610,820。
Source: annual report 2024, page 7; annual report 2025, page 125.出处：2024 年年报第 7 页；2025 年年报第 125 页。
In the 2025 report, Datai Holdings Pte Ltd holds 56,500,000 shares (27.52%), Wong SK Holdings Sdn Bhd holds 11,128,596 shares (5.42%), and Axel Connection Sdn Bhd holds 10,400,000 shares (5.07%). Director Lye Jun Fei is deemed interested in 66,900,000 shares through Datai Holdings Pte Ltd and Axel Connection Sdn Bhd. Pledged accounts in the thirty largest holders include Tay Hock Soon with 5,030,400 shares (2.45%) and Ng Geok Wah with 4,000,000 shares (1.95%) held through CGS-CIMB Nominees (Tempatan) Sdn Bhd.在 2025 年报中，Datai Holdings Pte Ltd 持有 56,500,000 股（27.52%），Wong SK Holdings Sdn Bhd 持有 11,128,596 股（5.42%），Axel Connection Sdn Bhd 持有 10,400,000 股（5.07%）。董事 Lye Jun Fei 通过 Datai Holdings Pte Ltd 和 Axel Connection Sdn Bhd 被视为对 66,900,000 股拥有权益。在三十大股东中的质押账户包括通过 CGS-CIMB Nominees (Tempatan) Sdn Bhd 持有的 Tay Hock Soon（5,030,400 股，2.45%）和 Ng Geok Wah（4,000,000 股，1.95%）。
Source: annual report 2025, pages 99, 155, 156.出处：2025 年年报第 99、155、156 页。
None of the directors have any family relationship with any director or major shareholder of the company. Chong Lai Fong was appointed as an Independent Non-Executive Director on 27 September 2023. The auditors issued a qualified opinion on the 2025 financial statements regarding other investment of RM13,700,000 under a joint venture agreement with Datai Plantations Sdn Bhd.所有董事与公司任何董事或主要股东之间均无任何亲属关系。Chong Lai Fong 于 2023 年 9 月 27 日获委任为独立非执行董事。审计师对 2025 年财务报表出具保留意见，涉及与 Datai Plantations Sdn Bhd 合资协议项下 RM13,700,000 的其他投资。
Source: annual report 2023, page 15; annual report 2025, pages 15, 103, 108.出处：2023 年年报第 15 页；2025 年年报第 15、103、108 页。
Revenue by country, 20252025 年按国家划分的营业额
Source: annual report 2025, page 125.出处：2025 年年报第 125 页。
Major events大事记
Source: annual report 2024, page 129; annual report 2025, page 134.出处：2024 年年报第 129 页；2025 年年报第 134 页。
Source: annual report 2023, page 82; annual report 2025, page 134.出处：2023 年年报第 82 页；2025 年年报第 134 页。
Source: annual report 2023, pages 15, 80.出处：2023 年年报第 15、80 页。
Source: annual report 2025, page 134.出处：2025 年年报第 134 页。
Source: annual report 2025, pages 103, 108.出处：2025 年年报第 103、108 页。
Revenue, profit before tax and operating cash营业额、税前盈利与营运现金
Total assets and total equity总资产与总权益
20232023 年
In 2023, net cash generated from operating activities was RM7,025,837, as shown in the 2024 report's comparative. The group paid RM5,300,000 for the acquisition of other investment under a joint venture agreement with Datai Plantations Sdn Bhd, and spent RM120,677 on purchase of plant and equipment. Net cash from financing activities was RM156,650 from repayment from a director. Cash and cash equivalents stood at RM45,968,308 at year end. No dividend was paid or declared.2023 年，营运活动所得现金净额为 RM7,025,837（见 2024 年报比较数字）。集团支付 RM5,300,000 用于根据与 Datai Plantations Sdn Bhd 的合资协议收购其他投资，并支出 RM120,677 购置厂房及设备。来自董事还款的融资活动现金净额为 RM156,650。期末现金及现金等价物为 RM45,968,308。未派发或宣派任何股息。
Source: annual report 2023, pages 89, 102; annual report 2024, page 105.出处：2023 年年报第 89、102 页；2024 年年报第 105 页。
20242024 年
In 2024, net cash generated from operating activities was RM6,715,267. Investing activities generated RM1,245,700, including interest received of RM1,263,906 and proceeds of RM2,000 from disposal of plant and equipment, while purchase of plant and equipment used RM20,206. Net cash from financing activities was nil for the group. Cash and cash equivalents rose to RM52,265,135. No dividend was paid or declared.2024 年，营运活动所得现金净额为 RM6,715,267。投资活动产生 RM1,245,700，包括收取的利息 RM1,263,906 及处置厂房及设备所得款项 RM2,000，而购置厂房及设备支出 RM20,206。集团融资活动现金净额为零。现金及现金等价物增至 RM52,265,135。未派发或宣派任何股息。
Source: annual report 2024, pages 93, 105.出处：2024 年年报第 93、105 页。
20252025 年
In 2025, net cash generated from operating activities was RM4,039,211. Investing activities used RM1,976,554, with RM3,400,000 paid for an additional investment in the joint venture with Datai Plantations Sdn Bhd and RM26,777 used for acquisition of property, plant and equipment, offset by interest received of RM1,450,223 and a tax refund of RM6,267. Net cash from financing activities was nil for the group. Cash and cash equivalents reached RM54,327,792. No dividend was paid.2025 年，营运活动所得现金净额为 RM4,039,211。投资活动所用现金为 RM1,976,554，其中向 Datai Plantations Sdn Bhd 合资项目追加投资支付 RM3,400,000，购置物业、厂房及设备支出 RM26,777，部分被收取的利息 RM1,450,223 和退税款 RM6,267 抵销。集团融资活动现金净额为零。现金及现金等价物达到 RM54,327,792。未派发任何股息。
Source: annual report 2025, pages 98, 113, 134.出处：2025 年年报第 98、113、134 页。
Across the three years三年合看
Across the three years, operating cash flows provided RM7,025,837 in 2023, RM6,715,267 in 2024 and RM4,039,211 in 2025. Spending on plant and equipment was RM120,677, RM20,206 and RM26,777 across the consecutive years. Cash was directed towards an oil palm plantation joint venture with Datai Plantations Sdn Bhd, with additions of RM5,300,000 in 2023 and RM3,400,000 in 2025, bringing other investment to RM13,700,000. The group carried no interest-bearing borrowings and paid no dividends throughout the period.三年合看，营运现金流在 2023 年为 RM7,025,837，2024 年为 RM6,715,267，2025 年为 RM4,039,211。各连续年份厂房及设备支出分别为 RM120,677、RM20,206 和 RM26,777。资金投向与 Datai Plantations Sdn Bhd 的油棕种植园合资项目，2023 年追加 RM5,300,000，2025 年追加 RM3,400,000，使其他投资增至 RM13,700,000。集团整个期间没有计息借款，也未派发任何股息。
Source: annual report 2023, pages 89, 102; annual report 2024, pages 93, 105; annual report 2025, pages 98, 103, 113, 154.出处：2023 年年报第 89、102 页；2024 年年报第 93、105 页；2025 年年报第 98、103、113、154 页。
Still to be spent尚未支出的承诺
At 31 August 2025, capital commitments approved and contracted for acquiring property, plant and equipment were RM2,035. The general mandate to issue up to 10% of issued shares was renewed annually but remained unutilised, raising no proceeds.截至 2025 年 8 月 31 日，购置物业、厂房及设备已批准并已签约的资本承诺为 RM2,035。每年续期的发行不超过 10% 已发行股份的一般授权均未动用，未筹集任何资金。
Source: annual report 2023, page 150; annual report 2024, page 153; annual report 2025, pages 153, 160.出处：2023 年年报第 150 页；2024 年年报第 153 页；2025 年年报第 153、160 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 | – | 61,857,939 | 52,480,165 | 56,570,763 |
| Profit/(Loss) before tax税前盈利/（亏损） | 3,304,071 | 4,026,342 | 2,272,325 | 6,108,357 |
| Net cash from operating activities营运活动所得现金净额 | – | 7,025,837 | 6,715,267 | 4,039,211 |
| Purchase of property, plant and equipment购置物业、厂房及设备 | (24,796) | (120,677) | (20,206) | (26,777) |
| Other investment其他投资 | 5,000,000 | 10,300,000 | 10,300,000 | 13,700,000 |
| Total assets总资产 | – | 133,118,009 | 131,927,137 | 140,183,307 |
| Total liabilities总负债 | – | 11,389,123 | 7,637,420 | 9,633,607 |
| Total equity总权益 | 116,320,151 | 121,728,886 | 124,289,717 | 130,549,700 |
| Cash and cash equivalents现金及现金等价物 | 43,239,646 | 45,968,308 | 52,265,135 | 54,327,792 |
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 |
|---|---|---|
| Maintain zero reported corruption incidents in the upcoming financial year (2023 report)在下一个财政年度保持零报告贪腐事件（2023 年报） | The 2024 report recorded 0 reported corruption incidents.2024 年报记录了 0 起报告贪腐事件。 Source: annual report 2023, page 33; annual report 2024, page 34.出处：2023 年年报第 33 页；2024 年年报第 34 页。 | Zero reported corruption incidents maintained维持零报告贪腐事件 |
| Initiate programs to reduce lost-work days by 25% year-on-year (2023 report)启动各项计划以实现误工天数按年减少 25%（2023 年报） | The target was repeated in the 2024 and 2025 reports without reporting the percentage reduction achieved.该目标在 2024 年和 2025 年报中重复提及，但未报告实际实现的减少比例。 Source: annual report 2023, page 47; annual report 2024, page 48; annual report 2025, page 47.出处：2023 年年报第 47 页；2024 年年报第 48 页；2025 年年报第 47 页。 | Not reported未报告 |
| Expect improvements across all key performance indicators going forwards (2023 report)预期未来各项关键绩效指标将有所改善（2023 年报） | In 2024, revenue fell from RM61.9 million to RM52.5 million, and net profit fell from RM5.4 million to RM2.6 million.2024 年营业额由 RM61.9 million 降至 RM52.5 million，净利润由 RM5.4 million 降至 RM2.6 million。 Source: annual report 2023, page 8; annual report 2024, page 7.出处：2023 年年报第 8 页；2024 年年报第 7 页。 | Revenue and profit fell营业额与利润下降 |
| Authority sought to issue up to 10% of issued shares for possible fund-raising exercises (2023 report)寻求授权发行不超过已发行股份 10% 的股份用于潜在筹资（2023 年报） | The company did not issue any new shares during the financial year, and the mandate was not utilised.公司在财政年度内未发行任何新股，该项授权未被动用。 Source: annual report 2023, page 150; annual report 2024, pages 93, 153.出处：2023 年年报第 150 页；2024 年年报第 93、153 页。 | Not utilised未动用 |
| Expect improvements across all key performance indicators going forwards (2024 report)预期未来各项关键绩效指标将有所改善（2024 年报） | In 2025, revenue rose from RM52.5 million to RM56.6 million, and net profit rose from RM2.6 million to RM6.3 million.2025 年营业额由 RM52.5 million 增至 RM56.6 million，净利润由 RM2.6 million 增至 RM6.3 million。 Source: annual report 2024, page 7; annual report 2025, page 7.出处：2024 年年报第 7 页；2025 年年报第 7 页。 | Revenue and profit rose营业额与利润上升 |
What the reports leave open年报留下待看的事
- The auditors issued a qualified opinion on the 2025 financial statements, stating that accounting and other records for the other investment of RM13,700,000 under a joint venture agreement with Datai Plantations Sdn Bhd had not been properly kept in accordance with the Companies Act 2016.审计师对 2025 年财务报表出具保留意见，指出与 Datai Plantations Sdn Bhd 合资协议项下 RM13,700,000 的其他投资之会计及其他记录未按照《2016 年公司法令》妥善保存。
Source: annual report 2025, pages 103, 108.出处：2025 年年报第 103、108 页。
- During 2025, RM54,575,429 depended on a single customer that accounted for 10% or more of the group's revenue (2024: RM43,316,485), and four customers accounted for approximately 98% of trade receivables (2024: 97%).2025 年内，占集团营业额 10% 或以上的单一客户贡献了 RM54,575,429（2024 年：RM43,316,485），且四名客户占应收贸易账款的约 98%（2024 年：97%）。
Source: annual report 2025, pages 142, 147.出处：2025 年年报第 142、147 页。
- Under clause 4.5 of the joint venture agreement, the group is entitled to forgo its right to profit entitlement in Datai Plantations Sdn Bhd and be permitted equity participation of up to 50% of its paid up capital, subject to valuation.根据合资协议第 4.5 条，集团有权随时放弃在 Datai Plantations Sdn Bhd 的利润分配权，并在经估值后获准参股该公司最高达其实收资本的 50%。
Source: annual report 2025, page 134.出处：2025 年年报第 134 页。
- The group engaged a third party contractor to carry out research and survey analysis on its other investment amounting to RM2,192,350 (2024: RM1,977,750), claimed through a director, while contracted capital commitments for property, plant and equipment stood at RM2,035.集团聘请第三方承包商对其其他投资进行研究与调查分析，费用为 RM2,192,350（2024 年：RM1,977,750），系通过一名董事报销，而物业、厂房及设备已签约资本承诺为 RM2,035。
Source: annual report 2025, pages 134, 153.出处：2025 年年报第 134、153 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。