Company Profile
Sector: TELECOMMUNICATIONS & MEDIA
Subsector: TELECOMMUNICATIONS SERVICE PROVIDERS
Description:
OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. It provides comprehensive services to all six segments of the telecommunication network services market: network planning, design and optimization, network deployment, network operations and maintenance, energy management, infrastructure management, and other professional services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors.
This company's operation is generating a lot of cash, as can be seen in its net operating cash flow figure.
ReplyDeleteIt is spending almost all these cash to grow its business.
From 2019 to 2023: It generated NOCF of 595.38m (about 120m per year). Its capex for these same period was 507.56m (about 100m per year).
It retained almost all its earnings to grow, thus, insignificant amount of dividends given out.
It has net debt of 683m (cash 328m, ST debt 224m and 787m in LT debt) and its annual interest expense in 2023 was 41.4m. EBIT in 2023 was 88.4m.