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Amsteel Mills Sdn. Bhd. (Malaysia)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Amsteel Mills Sdn. Bhd. Profile Updated: October 15, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English Download a sample report

Amsteel Mills Sdn. Bhd. manufactures electronic and 'electric wires and cables'. The Company ("Amsteel Mills"), a member of The Lion Group commenced operations since 1978. The Company operates two steel mills, in Klang and Banting, both in Selangor. The Banting mill produces special grade bars and wire rods for automotive parts, mattress and mechanical springs, turning parts, wire ropes and other speciality uses. Another mill operated by the Group under the name of Antara Steel Mills Sdn Bhd in Johor produces billets and bars including angle bars and U-channels. Antara Steel Mills also operates a HBI plant using the Midrex Direct Reduction technology in Labuan, East Malaysia. Most of the HBI is exported for steel making purposes with some used in Amsteel's own operations and in sister company, Megasteel Sdn Bhd. Amsteel and Antara. The product quality is guaranteed by the ISO 9002 Quality System awarded by Standard Industrial Research Institute of Malaysia (SIRIM) in 1994 and British Standards Institute (BSI) in 1995. Amsteel Mills Sdn. Bhd. was incorporated in 1980 and is based in Klang.

Headquarters
Level 14, Lion Office Tower, 1, Jalan Nagasari
Kuala Lumpur; Federal Territories; Postal Code: 50200

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Basic Information
Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 04, 1980
Key Executives
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Director
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Director
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Director
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Director
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Secretary
Ownership Details
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Subsidiaries
Amsteel Mills Marketing Sdn. Bhd.
100%
Amsteel Mills Realty Sdn. Bhd.
100%
Lion Waterway Logistics Sdn. Bhd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
19.66%
Total operating revenue
19.66%
Net Profit (Loss) for the Period
173.32%
Total assets
14.24%
Total equity
42.7%
Net Profit Margin
2.61%
Return on Equity (ROE)
14.3%

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