Trade Mewah Intl - MV4sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0056
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 0.2797
• Open: 0.2797
• 1-Year Change: 3.98%
• Day's Range: 0.2747 - 0.2797

Mewah Intl Company profile

About Mewah International Inc

Mewah International Inc. is an investment holding company. The Company operates through two segments: Bulk and Consumer Pack. Bulk segment produces and sells vegetable-based edible oil and fat products in bulk form primarily to distributors and factories involved in the production of confectionery, bakery products and other food items. Consumer Pack segment produces vegetable-based edible oil and fat products in consumer pack form and sell under its brands and under the brands of third parties, primarily to importers and distributors at destination markets. Its operations are integrated throughout the value chain from sourcing of raw materials, refining, processing, packing, branding to marketing and distribution to end customers under its own brands. The Company has over four refineries and processing plants, over two packing plants, a biodiesel plant and a dairy manufacturing facility in Malaysia and one packing plant in Singapore.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Mewah International Inc revenues increased 26% to $4.35B. Net income decreased 7% to $80.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Selling and distribution increase from $40.8M to $95.4M (expense), Administrative increase of 6% to $87M (expense).