[Company Overview]
CN Asia Corporation Berhad was founded in 1970 and listed in Malaysia since 1997.
Currently, it is mainly operating in 2 segments;
1. Manufacturing segment - pressure vessels, storage tanks, dish end, road tanker, pipes and steel structures.
2. Construction segment - onshore engineering and construction, and other civil and structural works.
Further information about the segments are available in their official website:
[Ownership]
[Historical Financial Information]
Feel free to crosscheck your financial analysis with mine.
It is highly recommended to fill up the historical financial information yourself. I have created a 'Excel / Google Sheet' template and it is available for free, so download and use it if you find it helpful.
If you are lazy you can download CN Asia Corporation Berhad historical financial information at this site https://www.yapss.com/product-page/190730KLSECNASIA so choose what is best for you. Good luck and have fun investing, bye!
[My 2 Cents]
The main reason why CNASIA is cash rich today is due to the disposal of two parcels of leasehold land along with buildings and amenities in 2016 to regularize its financial condition. For greater details you can check out https://www.theedgemarkets.com/article/cn-asia-sells-land-rm3668m-part-regularisation-plan
To conclude, nothing special about CN Asia Corporation Berhad in my perspective. :p
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I am happy the company and owner are very responsible for their work and complete it speedily click here.I appreciate the employees and owners too.
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