Three-A Resources Bhd.

Three-A Resources Bhd.

MMYX:3A
0.73
MYR
-0.01
(-1.35%)
6.44P/E
Nov 19Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.62
0.63
0.72
0.86
0.91
0.89
0.89
0.89
1.05
1.35
1.23
1.14
1.05
1.01
Basic EPS, GAAP
0.02
0.04
0.04
0.09
0.09
0.06
0.06
0.06
0.09
0.07
0.09
0.09
0.09
0.11
Free Cash Flow per Basic Share
0.07
0.07
-0.01
0.11
0.04
-0.06
0.1
-0.01
0.1
-0.07
0.13
0.09
0.12
0.14
Dividend per Share
0.01
0.01
0.01
0.03
0.02
0.02
0.02
0.02
0.03
0.02
0.03
0.03
0.04
0.03
Book Value per Share
0.45
0.47
0.5
0.57
0.63
0.67
0.71
0.75
0.81
0.86
0.92
0.98
1.03
1.07
Tangible Book Value per Share
0.45
0.47
0.5
0.57
0.63
0.67
0.71
0.75
0.81
0.86
0.92
0.98
1.03
1.07
Basic Weighted Avg Shares
492
492
492
453
453
492
492
489
490
490
489
489
486
486
Sales/Revenue/Turnover
303
311
352
388
411
438
436
436
516
659
604
557
511
489
Operating Margin (%)
7.44
10.32
9.53
15.05
13.68
7.62
9.17
9.19
11.58
6.46
8.98
9.31
10.23
12.65
Depreciation Expense
7
7
7
7
9
9
9
10
11
12
13
14
14
14
Net Income, GAAP
10
18
20
39
42
29
29
30
47
35
45
43
42
52
Effective Tax Rate (%)
36
30.65
33.83
27.18
25.35
14.86
26.93
25.91
25.54
26.59
21.36
23.68
24.66
24.87
Profit Margin (%)
3.41
5.85
5.7
10.04
10.12
6.65
6.75
6.92
9.03
5.33
7.48
7.8
8.27
10.58
Working Capital
102
116
115
136
158
166
179
169
192
207
231
257
276
299
LT Debt
20
9
8
12
17
14
13
6
3
5
3
1
- -
- -
Total Equity
219
232
248
279
309
329
348
366
398
420
451
478
502
522
Return on Invested Capital (%)
5.29
8.83
8.38
14.57
13.42
8.39
8.25
8.04
11.28
7.36
9.5
8.4
7.97
9.02
Return on Capital (%)
4.43
7.64
7.85
13.76
13.59
8.89
8.46
8.26
11.92
8.36
10.16
9.31
8.62
10.2
Return on Common Equity (%)
4.78
8.08
8.37
14.75
14.15
9.13
8.69
8.44
12.17
8.58
10.37
9.36
8.63
10.21

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
486
486
486
Market Capitalization
345
333
333

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
304
315
330
Cash, Cash Equivalents & STI
125
143
152
Accounts Receivable, Net
104
96
115
Inventories
71
76
62
Total Current Liabilities
29
26
30
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.32%
6.49%
4.98%
Free Cash Flow
-331.52%
-348.05%
27.16%
Net Income, GAAP
12.62%
10.38%
-2.7%
Sales/Revenue/Turnover
4.38%
4.33%
-8.27%
Total Cash Common Dividend
- -
13.54%
34.88%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149
140
142
126
557
2025
134
131
121
124
511
2026
113
130
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.02
0.01
0.03
0.09
2025
0.02
0.02
0.02
0.03
0.09
2026
0.02
0.03
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
0.01
0.03
2025
- -
- -
0.01
0.02
0.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Siew Yee Fang
Full Time Employees
576
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
AL 308, Lot 590 & Lot 4196 Shah Alam SEL Malaysia 40160
IPO Date
Jun 29, 2002
Business
Three-A Resources Berhad operates as an investment holding company primarily engaged in the manufacturing and sale of food and beverage ingredients. Its main product portfolio, offered through its wholly owned subsidiary San Soon Seng Food Industries Sdn Bhd, includes liquid caramels and caramel colours; caramel powder; fermented, distilled, and rice vinegar products; glucose syrup, high maltose syrup, golden syrup, and liquid maltodextrin; soya protein sauce and hydrolyzed vegetable protein sauce products; as well as maltodextrin powders. These ingredients serve a broad range of industries and markets, with applications in soy sauce production, infant milk powder, 3-in-1 instant beverages, and other processed foods. The company provides diverse packaging options tailored to customer requirements, ranging from bulk road tankers to small jerry cans and carton boxes. Founded in 1977 and headquartered in Shah Alam, Malaysia, Three-A Resources operates mainly in Malaysia, Singapore, and several international markets. In the past 1-2 years, Three-A Resources Berhad has maintained its focus on expanding and refining its product offerings in food ingredients with enhanced packaging customization to meet client demand. The company notably declared a 2025 interim dividend increase reflecting positive financial management. Additionally, it has pursued a share buy-back mandate renewal, signaling confidence in its capital structure and shareholder value enhancement. Operationally, the firm continues to serve multinational customers and consistently invests in quality certifications such as Halal compliance and ISO 9001 to uphold stringent quality standards. The company’s recent annual reports affirm its strategic emphasis on improving product quality, broadening its geographic reach, and strengthening customer partnerships in the food and beverage sector. Three-A Resources Berhad’s business segments focus on food preparation ingredients with its key subsidiary San Soon Seng Food Industries supporting manufacturing and distribution. Beyond its Malaysian base, it extends operations regionally in Singapore and internationally, aiming at multinational corporations and diverse food industry clients. The company employs over 600 staff and continues to leverage its foundational history as a caramel colour supplier into a diversified ingredient manufacturer catering to evolving market needs and product innovation within the food and beverage industry landscape. This comprehensive profile reflects the latest corporate developments, product range, and strategic positioning of Three-A Resources Berhad as of late 2025.