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Ygl Convergence Berhad (Malaysia)

Main Activities: Computer and Computer Peripheral Equipment and Software Merchant Wholesalers | Computer Systems Design and Related Services | Management of Companies and Enterprises
Full name: Ygl Convergence 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

Ygl Convergence Berhad is a company located in Georgetown, Malaysia. It was established in 1993 and was originally the IT and consulting arm of a public accounting firm founded in 1957. Ygl is one of the largest providers of ERP and Industry 4.0 manufacturing solutions in Malaysia, as well as the dominant Web and Apps based internet portal provider in the Asia region. The company operates in Malaysia, Mainland China, Hong Kong, and Singapore. Ygl was listed on the Malaysian Stock Exchange in 2005. Ygl aspires to be the convergence platform for talents, technology, and industry know-how across Asia. The company is committed to integrating corporate responsibility and sustainability into every aspect of its business. Ygl's CSR agenda is aligned with Bursa Malaysia's CSR Framework for Malaysian Corporations and focuses on marketplace development, workplace development, community development, and environment preservation. Ygl offers a range of products and services including BeyondERP, Micro ERP, Smart Warehouse, Hospitality, I-Finance, E-Portal, Taxation, and E-XBRL.

Headquarters
16, China Street
Georgetown; Penang; Postal Code: 10200

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Website: http://www.yglworld.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chief Executive Officer
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Director/Member of the Board
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Secretary
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Secretary
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Outside Director
Ownership Details
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15.92%
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15.45%
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7.58%
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Subsidiaries
Ygl Convergence (Hk) Ltd (Hong Kong SAR, China)
100%
Ygl Technologies Pte Ltd (Singapore)
100%
Ygl Convergence (Asia Pacific) Pte Ltd (Singapore)
60%
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
-27.95%
Total operating revenue
-28.52%
Operating profit (EBIT)
72.64%
EBITDA
N/A
Net Profit (Loss) for the Period
72.78%
Total assets
21.27%
Total equity
38.04%
Operating Profit Margin (ROS)
9.98%
Net Profit Margin
10.63%
Return on Equity (ROE)
11.95%
Debt to Equity Ratio
-9.2%
Quick Ratio
0.76%
Cash Ratio
0.48%

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