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Yoong Onn Corporation Berhad (Malaysia)

Main Activities: Textile Mills | Electronics and Appliance Stores
Full name: Yoong Onn Corporation Berhad Profile Updated: May 03, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Yoong Onn Corporation Berhad (YOCB) and the subsidaries are an integrated manufacturer and distributor of their own brands of home linen which focuses on the production of bed and bath linen, bedding accessories and curtains. The history of the business of the Group can be traced back to 1960s with the establishment of Yoon On, a partnership entity. The company started off with small-scale manufacturing of bed linen and started expanding in the local markets by marketing its own proprietary brands namely Diana and Novelle in 1982. Yoon On was taken over by Syarikat Yoong Onn Sdn. Bhd. (SYOSB) in 1988. In 1992, the business started to export their products to Singapore. Besides SYOSB, YOCB has 3 wholly-owned subsidiaries namely, Sleep Focus Sdn. Bhd. (SFSB), Elegant Total Home Sdn. Bhd. (ETHSB) and Monsieur (M) Sdn. Bhd. (MSB). SFSB is engaged in designing and manufacturing of home linen and bedding accessories; whereas ETHSB is engaged in distributing and trading of homeware and interior products. MSB is the Group's retailing arm. The Group serves as a one-stop supply centre for home linen and bedding accessories, especially for trade customers. The Group markets all of its home linen under 14 brand names (Diana, Novelle, Jean Perry, Louis Casa, Genova, Firenze, RedDanielle, BedTalk, Cotonsoft, Niki Cains, Oasis, Ann Taylor, Sarah Miller and Season) and undertakes own in-house design. The Group has 13 fully owned retail outlets and 1 retail outlet that is fully owned and managed by an appointed dealer under the 'Home's Harmony' brand name. The products were sold in 9 countries including Singapore, Taiwan, Turkey, Indonesia, Australia, Brunei, Mozambique, New Caledonia and Fiji. The company was incorporated in 2008 and is based in Kuala Lumpur.

Legal Address
Lot. No. Pt 16690-16692,Jalan Permata 2,Arab-Malaysian Industrial Park
Nilai, Negeri Sembilan; Postal Code: 71800

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Website: http://www.yoongonn.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 17, 2008
Key Executives
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Chairman
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Chief Executive Officer
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Secretary
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Secretary
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Board Of Directors
Ownership Details
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52.53%
Subsidiaries
Elegant Total Home Sdn. Bhd.
100%
Monsieur (M) Sdn. Bhd.
100%
Sleep Focus 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
-6.42%
Total operating revenue
-7.59%
Operating profit (EBIT)
-40.02%
Net Profit (Loss) for the Period
-37.05%
Total assets
4.54%
Total equity
5.2%
Operating Profit Margin (ROS)
-5.3%
Net Profit Margin
-3.51%
Return on Equity (ROE)
-1.1%
Debt to Equity Ratio
0.74%
Quick Ratio
2.19%
Cash Ratio
0.39%

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