Press Metal Aluminium Holdings Bhd. Stock Analysis PMETAL.KL

Press Metal Aluminium Holdings Bhd. The company is headquartered in Shah Alam, Selangor and currently employs 7,495 full-time employees. The company went IPO on 2017-07-10. The firm is principally engaged in the manufacturing and trading of both midstream and downstream aluminum products. The Company’s segments include Smelting and Extrusion, Trading, Refinery, and Investment holding. The Smelting and Extrusion segment includes manufacturing and trading of smelting and extrusion products. The Trading segment includes marketing of aluminum and other related products. The Refinery segment includes refinery of alumina. Its primary products include aluminum ingot P1020 and the value-added products, such as alloy ingot A356.2, aluminum billets and wire rods. The firm operates smelting plants in Malaysia with an annual capacity of 1,080,000 tons of primary aluminum production. Its plant in Bintulu has three phases, with an aggregate capacity of 960,000 tons per annum, while its other plant in Mukah, Sarawak, has a capacity of 120,000 tons per annum.