Shares & Derivatives
5 things you need to know about Daibochi Plastic & Packaging Industry Berhad
By The Fifth Person  •  January 23, 2017
Daibochi Plastic & Packaging Industry Berhad (Bursa: DAIBOCI) is a classic example of finding an investment idea while grocery shopping in the supermarket. When you visit the supermarket, you will realise that many food products like your Cadbury chocolate bars and Milo sachets require packaging. A company has to produce and manufacture all that packaging — and Daibochi is one of the leading flexible packaging manufacturers in Malaysia and Southeast Asia. Here are five things I discovered about Daibochi Plastic & Packaging Industry Berhad:

1. Consistent growth in revenue and profit

Daibochi’s revenue has grown from RM71.9 million in 1999 to RM345 million in 2015. Likewise, net profit has grown nearly fivefold from RM5.1 million in 1999 to RM23.4 million in 2015. The growth is contributed from food manufacturers increasingly switching from rigid packaging to flexible packaging. Diabochi’s latest nine-month revenue and net profit for FY2016 are ......
Read the full article
By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance