Warisan TC Holdings Berhad is a prominent investment holding company based in Malaysia, serving as a strategic player in various sectors. With a diversified portfolio, the Company operates across multiple business segments, including Travel and Car Rental, Machinery, Automotive and Others.
The Travel and Car Rental segment operates two (2) major strategic business division under Mayflower brand, namely, the Travel division (“Mayflower Travel”) and Car Rental division (“Mayflower Car Rental”). Mayflower Travel offers a comprehensive range of travel and tours services, including inbound tours, outbound tours, corporate incentive tours, medical tourism, education tourism, hotel reservations and air ticketing services. With offices strategically located in Malaysia, Cambodia, Thailand, Taiwan, Guangzhou, China and upcoming expansion to New Zealand and United States of America, the division has established a strong regional presence.
The Machinery segment specializes in providing a wide range of machinery & equipment solutions. This includes material handling machinery such as forklifts, factory scrubbers, and sweepers. Additionally, they offer construction machinery for roadworks, earthwork, quarrying, and mining. Furthermore, the segment caters to agricultural needs by offering tractors, golf and turf equipment, as well as engines, generators, and air compressors.
As part of its commitment to serving diverse customer demands, the Automotive segment provides a comprehensive range of vehicles. These include light commercial trucks, heavy commercial trucks, pickup trucks and passenger vehicles, ensuring clients have access to suitable transportation solutions for various purposes.
In addition to these core segments, the Company’s portfolio extends to various other sectors encompass consumer products as in cosmetics and undergarments, property investment, captive insurance and others, further diversifying the company’s revenue streams and creating opportunities for growth and expansion.
Overall, Warisan TC Holdings Berhad stands as a respected investment holding company in Malaysia, leveraging its diversified business segments to offer comprehensive services, drive innovation, and create value for its stakeholders.
2023 RM'000 | 2022 RM'000 | 2021 RM'000 | 2020 RM'000 | 2019 RM'000 |
|
---|---|---|---|---|---|
RESULTS | |||||
Revenue | 455,192 | 480,424 | 361,965 | 295,278 | 439,829 |
(Loss)/Profit before tax | 1,440 | (11,394) | (27,471) | (58,876) | (4,291) |
Taxation | (3,871) | (1,116) | (6,232) | (6,681) | (3,112) |
Loss after tax | (2,431) | (12,510) | (33,703) | (65,557) | (7,403 |
Attributable to: | |||||
Shareholders of the Company | (1,769) | (11,535) | (32,445) | (63,781) | (6,789) |
Non-controlling interests | (662) | (975) | (1,258) | (1,776) | (614) |
FINANCIAL POSITION | |||||
Assets | |||||
Property, plant and equipment | 201,832 | 187,160 | 194,196 | 227,122 | 256,653 |
Right-of-use assets | 29,819 | 26,230 | 24,210 | 25,480 | 20,871 |
Investment Property | 43,500 | 43,500 | 43,500 | 43,500 | 45,400 |
Investment in associate | 852 | 570 | 497 | 815 | 1,299 |
Investments accounted for using the equity method | 40,282 | 34,748 | 30,760 | 35,078 | 42,129 |
Other Investments | 6,132 | 456 | 186 | 6 | 6 |
Finance lease receivables | 125 | 663 | 2,669 | 2,923 | 2,494 |
Deferred tax assets | 6,480 | 5,216 | 6,098 | 6,195 | 3,535 |
Intangible assets | 11,137 | 10,867 | 10,715 | 12,232 | 12,577 |
Total non-current assets | 340,159 | 309,410 | 312,831 | 353,351 | 384,964 |
Current assets | 385,648 | 344,862 | 350,315 | 331,886 | 421,132 |
Total Assets | 725,807 | 654,272 | 663,146 | 685,237 | 806,096 |
Equity | |||||
Share capital | 67,200 | 67,200 | 67,200 | 67,200 | 67,200 |
Reserves | 182,580 | 171,129 | 171,196 | 211,537 | 261,022 |
Treasury share | (4,213) | (4,213) | (4,213) | (4,213) | (4,213) |
Total equity attributable to owners of the company | 245,567 | 234,116 | 242,183 | 274,524 | 324,009 |
Non-controlling interests | 20,722 | 22,118 | 23,093 | 24,379 | 11,155 |
Total equity | 266,289 | 256,234 | 265,276 | 298,903 | 335,164 |
Non-current liabilities | 32,964 | 29,916 | 33,786 | 36,913 | 37,024 |
Current liabilities | 426,554 | 368,122 | 364,084 | 349,421 | 433,908 |
Total Equity and Liabilities | 725,807 | 654,272 | 663,146 | 685,237 | 806,096 |
Financial Statistics | |||||
Basic (loss)/earnings per share (sen) | -2.72 | -17.72 | -49.84 | -97.97 | -10.43 |
Net assets per share (sen) | 377 | 360 | 372 | 422 | 498 |
Return on shareholders equity | -1.0% | -5.3% | -13.9% | -23.9% | -2.3% |
Net debt/Equity(%) | 71.8% | 65.6% | 51.4% | 36.3% | 50.9% |