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Mikro Msc Berhad (Malaysia)

Main Activities: Electrical Equipment Manufacturing
Full name: Mikro Msc Berhad Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Mikro Msc Berhad is a company located in Shah Alam, Malaysia. It was incorporated in 1997 during the Asian Financial Crisis. The founders, Yim Yuen Wah, Wong Yin Wah, and Fong See Ni, recognized the need for high-quality, locally built electrical distribution equipment in Malaysia, as most products were imported and sold at a premium by major international players. Mikro aimed to offer internationally-accredited electrical distribution products at competitive prices. The demand for electrical distribution equipment in Malaysia was widespread, especially after a law was passed in 1994 making their installation compulsory. However, large multinational companies dominated the manufacturing and supply of these products. Despite initial challenges in convincing the market of the quality of locally produced products, Mikro gained a reputation for reliability and excellent value through perseverance and regulatory recognition. In its first seven years, Mikro focused on creating a diverse portfolio of products through extensive research and development (R&D) efforts, outsourcing manufacturing to third-party companies. This surprised industry-watchers, as Mikro was able to offer a similar range of products as multinational competitors. In 2004, the company brought all manufacturing activities in-house, reducing costs and increasing operational efficiency. Today, Mikro continues to deliver quality electrical distribution products at affordable prices. The company has a management team focused on quality and affordability, a dedicated team of engineers and machine operators involved in R&D and production, and utilizes cutting-edge technology.

Headquarters
No. 3, Jalan Anggerik Mokara 31/48, Seksyen 31, Kota Kemuning
Shah Alam; Selangor; Postal Code: 40460

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Website: http://www.itmikro.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chief Executive Officer
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Chief Financial Officer
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Chief Technology Officer
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Managing Director
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Director/Member of the Board
Ownership Details
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30.566%
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14.545%
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12.703%
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9.202%
Subsidiaries
Formula Concept Sdn. Bhd.
100%
Mikro Sdn. Bhd.
100%
Company Performance
Financial values in the chart are available after Mikro Msc Berhad report is purchased.
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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
-8.33%
Total operating revenue
76.36%
Operating profit (EBIT)
688.85%
EBITDA
584.54%
Net Profit (Loss) for the Period
700.75%
Total assets
130.28%
Total equity
157.82%
Operating Profit Margin (ROS)
91.84%
Net Profit Margin
87.98%
Return on Equity (ROE)
6.42%
Debt to Equity Ratio
-5.38%
Quick Ratio
1.21%
Cash Ratio
0.3%

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