KUMPULAN POWERNET BERHAD
Last Price: 4.77
TTM Dividend Yield : 0%
Coming Quarter Report: ~ 2020-11-26
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Sector: Textiles & Apparel
Kumpulan Powernet Berhad is an investment holding company. The Company, through its subsidiaries, is engaged in manufacture of warp-knitted fabrics; laminated fabrics; hook and eye tapes; hook and eye fittings; dressmaker; slide binding and bone casing, and rings and slides. The Company’s segments are Manufacturing, Trading, and Investment & Others. The Company manufactures and supplies warp-knitted and other fabrics that are used in product applications, such as lingerie, which include brassieres, panties, camisoles, girdles and sleepwear; apparel, which include sportswear lining, track suits and others; household, which include mattress stitch-in-fabrics, furnishing, blinds and others; shoes, which include inner lining and inner sole lining in sports shoes and industrial safety shoes, and automotive, which include car cushion, head rest lining, head lining and others. Its fabric type products include elastromeric, laminated, tricot, meshed tricot, brushed tricot and two-way tricot.
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In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from operations (FCFO), refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long – term investment on capital items or investment in securities.(From Wiki)
Kumpulan Powernet Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of warp-knitted fabrics. The company’s operating segments are as follows: Manufacturing, Properties and, Investment. The Manufacturing segment is engaged in the manufacturing and sale of warp-knitted fabrics, clips, hook and eye fitting, hook and eye tape machines. The company generates maximum revenue from the Properties segment. Geographically, Malaysia is the largest contributor to company revenue.