Company Profile For Lion Industries Corporation Bhd

Lion Industries Corporation Berhad is engaged in investment holding and property development. The Company operates in five segments: steel, property development, tyre, building materials and others. The Steel segment includes the manufacture and marketing of steel bars, wire rods, hot briquetted iron and steel related products. Property development includes property development and management. Its tyre segment is engaged in manufacture and sale of tires and other related rubber products. The Company’s building materials segment includes trading and distribution of building materials and other steel products. Its others segment is engaged in investment holding, treasury business, manufacture and trading of lubricants, spark plugs, plastic components, automotive components, sales and distribution of motor vehicles and provision of transportation services. On November 28, 2008, Lion Forest Industries Berhad, a 73%-owned subsidiary company, acquired Silverstone Corporation Berhad.

BRIEF: For the fiscal year ended 30 June 2009, Lion Industries Corporation Berhad's revenues decreased 34% to RM4.57B. Net loss totaled RM276.9M, vs. a profit of RM844.2M. Revenues reflect decreased in income due to global economic slowdown in the price of steel in the international market. Net loss also reflects decreased other operating income, lower share of result of associated companies and decreased income from other investment.

Lion Industries Corporation Bhd
Level 46, Menara Citibank
165, Jalan Ampang
Kuala Lumpur     50450
P: +603.21622155
F: +603.21623448

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