Astino Bhd.

Astino Bhd.

MMYX:ASTINO
0.48
MYR
0.00
(0.00%)
Astino Bhd.
MYX:ASTINO
(Bursa Malaysia)

Recent

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0.48

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div

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- -

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Business
Astino Berhad is an investment holding company that manufactures, processes, and distributes metal building materials and structural steel products. Tracing its corporate origins to 1983 and incorporated in 2000, the company is headquartered in Nibong Tebal, Penang, Malaysia, and is publicly listed on the Main Market of Bursa Malaysia under the ticker MYX:ASTINO. Astino operates through specialized operating subsidiaries, including Ooi Joo Kee & Brothers Sdn. Bhd., Astino (Malaysia) Colour Steel Sheet Sdn. Bhd., Astino Metal Industries Sdn. Bhd., Astino Agro-House Multi System Sdn. Bhd., Astino Agro Equipment Sdn. Bhd., Astino Scaffolding Sdn. Bhd., Astino Southern Sdn. Bhd., Astino Netting Sdn. Bhd., Astino Marketing Sdn. Bhd., and Astino Plantations and Properties Sdn. Bhd. The company markets its products primarily under the proprietary Astino brand across commercial, industrial, residential, and agricultural sectors. Its core product portfolio comprises metal roofing solutions, including standing seam profiles, high-rib corrugated sheets, concealed-fix clip lock roofing, tile-effect panels, and insulated sandwich panels incorporating polyurethane foam and aluminium backing; cold-formed structural steel framing, including galvanized C-purlins, Z-purlins, light-gauge roof trusses, and battens; steel piping and tubular sections, including round, square, and rectangular welded hollow sections; specialized agro-industrial systems, including customized Agro-House structures, climate-controlled poultry housing, greenhouse structures, and automated farming equipment; and auxiliary construction supplies, including scaffolding frames and accessories, floor decking systems, PVC doors, and plastic insect netting. In addition, the company provides industrial processing services, such as steel coil slitting, shearing, leveling, custom roll-forming, and metal perforation. Astino serves construction contractors, building material traders, infrastructure developers, and agribusiness enterprises. The company operates a nationwide network of manufacturing and distribution facilities strategically situated across Peninsular Malaysia, including major operations in Penang, Selangor, Melaka, and Pahang. While the domestic Malaysian market represents its primary revenue source, the company exports its metal building components and agricultural structures across Southeast Asia, with substantial regional presence in Indonesia and the Philippines. In recent developments, Astino Berhad has focused on operational consolidation and productivity enhancements to mitigate global steel price fluctuations and optimize product margins. The company has expanded its regional export footprint, driving stronger overseas revenue contributions in key ASEAN markets. Strategically, Astino has enhanced its agro-engineering business segment to capitalize on growing regional demand for modern, biosecure, and automated poultry housing infrastructure. The company also maintains an active capital management program, executing ongoing share buy-back initiatives alongside regular dividend distributions while upgrading in-house automated roll-forming and processing machinery across its core manufacturing facilities.