Background of Hafary

Hafary Holdings Limited, an investment holding company, imports, deals, distributes, and wholesales building materials in Singapore, the People’s Republic of China, Vietnam, and rest of Southeast Asia. The company operates in two segments, General and Project.

Dividend Information

Dividend Distribution

2012: 0.013

2013: 0.052

2014: 0.023 (2 more quarters left)

Fiscal year ends on June. Despite the fluctuations in dividend distribution, the yield still stands impressively at about 10%, at current price level (0.215).

Price Trend

2-year trend: Consolidating between 0.175 – 0.24 (0.065 range)

6-month trend: Uptrend channel towards 0.24 (0.035 left)

Financials

Income Statement

Total revenue is increasing y-o-y and net income is seeing improvements which is definitely a good sign! The obvious extremely high levels of Net Income in 2013 was explained in Hafary’s 2014 Annual Report.

Source of Revenue

From this, we can see that revenue …