Perusahaan Sadur Timah Malaysia (Perstima) Bhd.

Perusahaan Sadur Timah Malaysia (Perstima) Bhd.

MMYX:PERSTIM
0.73
MYR
-0.04
(-5.84%)
Nov 19Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Kazumi Saito
Full Time Employees
634
Sector
Non-energy minerals
Industry
Steel
Address
Pasir Gudang Malaysia
IPO Date
Jul 13, 1992
Business
Perusahaan Sadur Timah Malaysia (Perstima) Bhd. is a Malaysia-based manufacturing company primarily engaged in the production and distribution of electrolytic tinplate and tin free steel. Founded in 1979 and headquartered in Pasir Gudang, Johor, Malaysia, the company operates as a major supplier of metal packaging raw materials across Southeast Asia, managing production and trading operations through geographic segments in Malaysia, Vietnam, and the Philippines via subsidiaries including Perstima (Vietnam) Co., Ltd. and Perstima (Philippines) Inc. The company offers a wide range of products and processing services, including prime electrolytic tinplate (ETP) supplied in coils and sheets; electrolytic chromium coated steel (ECCS), also known as tin free steel (TFS), supplied in coils and sheets; secondary and non-prime tinplate and TFS materials; tin mill black plate (TMBP); as well as custom coil slitting, shearing, and cut-to-length steel processing services. These products cater to domestic and international can-making and metal container manufacturers for end-use packaging applications comprising food and beverage cans, edible oil containers, paint and chemical drums, aerosol containers, battery jackets, bottle crowns, twist-off lug caps, and decorative tin boxes. In recent strategic and operational developments, Perstima expanded its regional manufacturing footprint by commercializing and ramping up production at its manufacturing plant in Batangas, Philippines, thereby strengthening its market share in the Philippine packaging industry. Concurrently, the group has executed operational enhancement and sustainability programs across its manufacturing facilities, including the deployment of rooftop solar photovoltaic energy systems at its Malaysian and Vietnamese production sites to optimize energy efficiency, reduce operating overheads, and strengthen supply chain resilience against global steel substrate and tin commodity price fluctuations.