Bursa Malaysia: These Companies Never Lose Money

There are more than 1000 Bursa-listed companies in Malaysia. Out of that population, which are the companies that never lose money since listed? The following is a study of such companies. As usual, I am using the data from the free KLSE screener. So the accuracy of this study is highly dependent on third party data.

I am using the financial table of a specific company on the KLSE screener website to check whether the company is losing or profiting for each quarter. For this, I can either use the “EPS” or the “P/L” (profit/loss) columns. A negative value for the quarter means it is a losing quarter: The company is losing money on that quarter.

Financial records of P&O on KLSE Screener

Financial records of P&O on KLSE Screener

These companies never lose money

So here is the result in a table format. The column “Quarters” indicates how many quarters each company has been earning money consecutively.

CodeCompanyQuartersCategoryROEP/EDYPTBVMarket Cap
0009YTLE (0009)51Technology - Ace Market19.1420.527.25%3.93739.9M
00123A (0012) [s]51Ind-Prod - Main Market7.6520.961.46%1.60377.9M
0030EBWORX (0030)12Technology - Ace Market0.0000.00%2.49181.3M
0058JOBST (0058) [s]43Trad/Serv - Main Market2.562100.48%5.38277.3M
0065EFORCE (0065)43Technology - Main Market20.0015.953.00%3.19138.5M
0078GDEX (0078) [s]41Trad/Serv - Main Market18.5568.630.80%12.731691.7M
0106REXIT (0106)39Technology - Ace Market15.6720.643.09%3.2387.8M
0112MIKROMB (0112) [s]39Technology - Ace Market21.6015.362.37%3.32121.2M
0138MYEG (0138) [s]34Trad/Serv - Main Market24.0852.430.83%12.623239.8M
0148SUNZEN (0148)28Trad/Serv - Ace Market1.43102.330.95%1.47125.7M
0149FIBON (0149)26Ind-Prod - Main Market10.3811.722.47%1.2244.1M
0158SCC (0158)20Trad/Serv - Ace Market20.2514.834.02%3.00106.0M
0166INARI (0166) [s]17Technology - Main Market27.8217.412.40%4.842489.4M
0168BOILERM (0168) [s]18Ind-Prod - Main Market30.3619.241.90%5.84753.4M
0170KANGER (0170) [s]7-8.0614.090.00%1.1484.3M
0171PLABS (0171)17Trad/Serv - Ace Market10.1913.352.13%1.3644.2M
0172OCK (0172) [s]12Trad/Serv - Main Market8.6127.580.00%2.38451.6M
0175HHGROUP (0175) [s]5Ind-Prod - Ace Market14.7113.80.72%2.03142.0M
0179BIOHLDG (0179) [s]2-3.7455.360.00%2.07143.7M
1023CIMB (1023)51Finance - Main Market6.7717.273.77%1.1745250.6M
1058MANULFE (1058)51Finance - Main Market4.4117.870.33%0.79611.2M
1066RHBCAP (1066)51Finance - Main Market10.539.331.37%0.9819258.3M
1082HLFG (1082)51Finance - Main Market12.9410.342.36%1.3416844.3M
1295PBBANK (1295)51Finance - Main Market16.6415.352.87%2.5571746.5M
1597IGB (1597)51Properties - Main Market5.31173.56%0.903831.2M
1724PARAMON (1724) [s]51Properties - Main Market7.5611.953.63%0.90789.6M
1818BURSA (1818)41Finance - Main Market27.7722.416.16%6.224483.7M
1899BKAWAN (1899) [s]51Plantation - Main Market8.8716.883.31%1.507414.5M
2089UTDPLT (2089) [s]51Plantation - Main Market11.5022.736.14%2.615714.2M
2194MMCCORP (2194) [s]51Trad/Serv - Main Market7.4513.741.18%1.027764.9M
2224SDRED (2224)51Properties - Main Market8.696.33.03%0.55421.9M
2291GENP (2291) [s]51Plantation - Main Market8.3224.140.58%2.017939.1M
2372GNEALY (2372)13Plantation - Main Market9.7513.841.99%1.35860.6M
2445KLK (2445) [s]51Plantation - Main Market9.8029.182.45%2.8623961.8M
2577YTLLAND (2577)51Properties - Main Market1.9831.430.00%0.62638.5M
2593UMCCA (2593) [s]50Plantation - Main Market3.4723.842.53%0.831310.2M
2658AJI (2658) [s]51Consumer Products - Main Market10.6312.473.03%1.33370.9M
2836CARLSBG (2836)51Consumer Products - Main Market53.7018.474.89%9.923814.5M
2968GPLUS (2968)8Properties - Main Market10.767.890.00%0.85154.2M
3026DLADY (3026) [s]51Consumer Products - Main Market59.6328.054.83%16.732912.0M
3069MFCB (3069) [s]51Trad/Serv - Main Market9.637.394.33%0.71539.3M
3107FIMACOR (3107) [s]51Ind-Prod - Main Market10.5011.072.50%1.16617.6M
3255GAB (3255)51Consumer Products - Main Market55.2820.184.45%11.154380.5M
3492KFC (3492)14Trad/Serv - Main Market0.0000.00%2.693152.3M
3514MARCO (3514) [s]51Trad/Serv - Main Market13.079.020.00%1.18174.0M
3522KIANJOO (3522) [s]49Ind-Prod - Main Market10.9910.52.04%1.151359.2M
3689F&N (3689) [s]51Consumer Products - Main Market14.8725.463.00%3.786695.4M
4065PPB (4065) [s]51Consumer Products - Main Market5.7017.591.61%1.0017687.7M
4162BAT (4162)51Consumer Products - Main Market158.1119.634.89%31.0317988.4M
4308SUNWAY (4308)10Construction - Main Market0.0000.00%0.000.0M
4405TCHONG (4405) [s]51Consumer Products - Main Market3.2620.53.14%0.671860.1M
4421TWS (4421)42Consumer Products - Main Market0.0000.00%1.122739.3M
4529LEADER (4529)11Ind-Prod - Main Market0.0000.00%0.53324.8M
4537UAC (4537)14Ind-Prod - Main Market4.7421.685.07%1.03322.9M
4588UMW (4588) [s]51Consumer Products - Main Market8.8920.813.25%1.8512220.3M
4677YTL (4677)51Trad/Serv - Main Market7.8314.936.57%1.1716565.7M
4707NESTLE (4707) [s]51Consumer Products - Main Market57.5630.563.25%17.5916954.4M
4782PACMAS (4782)13Finance - Main Market0.0000.00%0.1831.6M
5009WTHORSE (5009) [s]51Ind-Prod - Main Market8.058.814.27%0.71536.7M
5015APM (5015) [s]51Ind-Prod - Main Market7.8010.454.02%0.82948.8M
5018HUNZPTY (5018) [s]51Properties - Main Market6.1411.040.00%0.68529.0M
5020GLOMAC (5020) [s]50Properties - Main Market8.618.15.53%0.70643.2M
5026MHC (5026) [s]51Plantation - Main Market2.7017.312.03%0.47193.6M
5027KMLOONG (5027) [s]50Plantation - Main Market13.0211.45.42%1.48859.0M
5029FAREAST (5029) [s]51Plantation - Main Market7.3114.532.98%1.061184.8M
5032BIPORT (5032) [s]51Trad/Serv - Main Market11.4323.383.64%2.673220.0M
5048YILAI (5048) [s]51Ind-Prod - Main Market6.5911.853.00%0.78159.6M
5052PLUS (5052)10Trad/Serv - Main Market0.0000.00%3.8922149.4M
5062HUAYANG (5062) [s]51Properties - Main Market23.804.928.25%1.17543.8M
5066NTPM (5066) [s]50Consumer Products - Main Market11.4718.84.35%2.16775.0M
5069BLDPLNT (5069) [s]48Plantation - Main Market3.5226.550.63%0.93748.0M
5071COASTAL (5071) [s]48Ind-Prod - Main Market13.517.422.48%1.001540.3M
5073NAIM (5073) [s]47Properties - Main Market11.794.120.00%0.49585.2M
5074DXN (5074)9Consumer Products - Main Market0.0000.00%1.73387.6M
5075PLENITU (5075)47Properties - Main Market5.779.452.29%0.54704.2M
5080POHKONG (5080) [s]45Consumer Products - Main Market3.9411.12.87%0.44199.0M
5089KLCCP (5089)35Properties - Main Market0.0000.00%0.876773.9M
5100BPPLAS (5100) [s]41Ind-Prod - Main Market6.5616.886.33%1.11174.5M
5103TITAN (5103)5Ind-Prod - Main Market0.0000.00%0.000.0M
5105CANONE (5105) [s]40Ind-Prod - Main Market12.675.991.86%0.76410.0M
5106AXREIT (5106) [s]39Reits - Main Market8.2917.225.00%1.431917.2M
5109YTLREIT (5109)32Reits - Main Market3.4525.758.02%0.891364.1M
5110UOAREIT (5110)38Reits - Main Market7.7113.796.88%1.06676.6M
5111TWRREIT (5111)36Reits - Main Market8.677.745.54%0.67356.2M
5112THPLANT (5112) [s]37Plantation - Main Market4.0427.782.34%1.121370.0M
5116ALAQAR (5116) [s]24Reits - Main Market8.7312.726.00%1.11912.1M
5120AMFIRST (5120)24Reits - Main Market4.5616.287.45%0.74624.6M
5121HEKTAR (5121)33Reits - Main Market8.2111.77.05%0.96596.9M
5122KENCANA (5122)11Trad/Serv - Main Market0.0000.00%3.406579.7M
5123MQREIT (5123)34Reits - Main Market3.9522.314.29%0.88767.2M
5124BSDREIT (5124)27Reits - Main Market0.0000.00%0.000.0M
5125PANTECH (5125) [s]34Trad/Serv - Main Market9.319.695.47%0.90423.8M
5126SOP (5126) [s]51Plantation - Main Market6.3424.451.06%1.552066.8M
5129MELATI (5129) [s]33Construction - Main Market7.5610.622.05%0.80145.8M
5130ATRIUM (5130)32Reits - Main Market8.429.977.24%0.84141.3M
5131ZHULIAN (5131) [s]33Consumer Products - Main Market8.6922.197.31%1.93943.0M
5132DELEUM (5132) [s]33Trad/Serv - Main Market21.8910.84.80%2.36624.0M
5138HSPLANT (5138) [s]31Plantation - Main Market5.5818.294.48%1.021967.3M
5139AEONCR (5139)31Finance - Main Market23.4613.383.53%3.142134.1M
5140TASCO (5140) [s]30Trad/Serv - Main Market10.2613.362.20%1.37410.0M
5141DAYANG (5141) [s]29Trad/Serv - Main Market18.3112.352.71%2.262200.8M
5143LUXCHEM (5143)28Trad/Serv - Main Market11.0615.43.62%1.70287.2M
5148UEMS (5148) [s]27Properties - Main Market7.429.913.89%0.744673.6M
5151HALEX (5151) [s]24Ind-Prod - Main Market2.6723.254.16%0.6259.9M
5152MBL (5152)23Ind-Prod - Main Market4.9317.045.24%0.8470.4M
5155XINQUAN (5155)25Consumer Products - Main Market10.431.82257.15%0.19214.7M
5156XDL (5156) [s]23Consumer Products - Main Market3.026.950.00%0.21149.4M
5159YOCB (5159) [s]23Consumer Products - Main Market11.229.253.71%1.04172.7M
5160HOMERIZ (5160) [s]22Consumer Products - Main Market21.5214.045.41%3.02290.0M
5162ECS (5162) [s]21Technology - Main Market14.558.993.22%1.31306.0M
5167TURBO (5167)21Trad/Serv - Main Market15.498.554.54%1.33118.8M
5168HARTA (5168) [s]30Ind-Prod - Main Market16.2433.451.48%5.437015.4M
5171KIMLUN (5171) [s]21Construction - Main Market9.589.832.31%0.94390.7M
5176SUNREIT (5176)19Reits - Main Market11.5511.935.09%1.384994.0M
5177DFZ (5177)6Trad/Serv - Main Market0.0000.00%0.000.0M
5179BJRTAIL (5179)3Trad/Serv - Main Market0.0000.00%0.000.0M
5180CMMT (5180)19Reits - Main Market10.7110.846.18%1.162561.7M
5181SIGGAS (5181) [s]20Ind-Prod - Main Market8.109.721.00%0.7990.0M
5183PCHEM (5183) [s]19Ind-Prod - Main Market10.1821.512.54%2.1949920.0M
5184CYPARK (5184) [s]19Trad/Serv - Main Market13.498.892.50%1.20362.4M
5186MHB (5186) [s]19Trad/Serv - Main Market4.9215.963.79%0.782096.0M
5191TAMBUN (5191) [s]18Properties - Main Market25.046.84.34%1.70726.1M
5192KSSC (5192) [s]19Ind-Prod - Main Market6.6010.047.76%0.6649.0M
5196BJFOOD (5196)17Trad/Serv - Main Market45.775.431.58%2.49997.0M
5197FLBHD (5197) [s]17Ind-Prod - Main Market11.389.475.71%1.08144.5M
5200UOADEV (5200) [s]16Properties - Main Market12.358.955.86%1.113133.9M
5201OLDTOWN (5201) [s]16Trad/Serv - Main Market14.3215.273.73%2.19725.1M
5202MSM (5202) [s]17Consumer Products - Main Market13.5213.794.49%1.863760.9M
5204PRESBHD (5204) [s]17Trad/Serv - Main Market10.5070.541.56%7.411263.2M
5208EITA (5208) [s]14Trad/Serv - Main Market12.0110.933.97%1.31163.8M
5209GASMSIA (5209) [s]12Trad/Serv - Main Market15.6023.614.70%3.683646.6M
5211SUNWAY (5211) [s]17Properties - Main Market12.747.852.80%1.006168.9M
5212PAVREIT (5212)14Reits - Main Market13.718.865.26%1.214554.1M
5213SNTORIA (5213)14Properties - Main Market9.0915.051.82%1.37493.1M
5216DSONIC (5216) [s]12Trad/Serv - Main Market26.7123.582.89%6.301404.0M
5218SKPETRO (5218) [s]11Trad/Serv - Main Market11.9011.170.88%1.3315999.1M
5219PESTECH (5219) [s]13Trad/Serv - Main Market15.7532.860.94%5.18908.5M
5225IHH (5225) [s]12Trad/Serv - Main Market3.8463.020.34%2.4248310.7M
5226GBGAQRS (5226) [s]13Construction - Main Market13.9410.061.48%1.40472.1M
5227IGBREIT (5227)11Reits - Main Market8.8014.275.69%1.264704.7M
5228ELKDESA (5228)11Finance - Main Market7.249.835.07%0.71184.9M
5229CAP (5229)10Ind-Prod - Main Market14.464.233.27%0.61279.2M
5230TUNEINS (5230)10Finance - Main Market16.3019.812.10%3.231383.2M
5232LEONFB (5232)9Ind-Prod - Main Market13.046.014.31%0.78179.8M
5236MATRIX (5236) [s]9Properties - Main Market34.245.864.66%2.011520.6M
5237MPHBCAP (5237)9Finance - Main Market19.365.280.00%1.021365.7M
5239TITIJYA (5239) [s]7Properties - Main Market18.137.912.16%1.43653.7M
5242SOLID (5242) [s]7Trad/Serv - Main Market10.2724.812.45%2.55244.5M
5243UMWOG (5243) [s]7Trad/Serv - Main Market6.8418.160.52%1.244172.7M
5245CARING (5245) [s]6Trad/Serv - Main Market9.8020.62.74%2.02237.3M
5246WPRTS (5246) [s]7Trad/Serv - Main Market31.2629.322.50%9.1615345.0M
5248BJAUTO (5248) [s]6Trad/Serv - Main Market46.5414.532.34%6.763025.4M
5249IOIPG (5249) [s]7Properties - Main Market7.038.533.37%0.607697.0M
5250SEM (5250)4Trad/Serv - Main Market35.0932.962.89%11.562170.8M
5251TMAKMUR (5251) [s]5Plantation - Main Market12.7810.144.00%1.30557.4M
5252SASBADI (5252) [s]4Consumer Products - Main Market14.1622.250.00%3.15316.2M
5253ECONBHD (5253) [s]5Construction - Main Market20.2814.930.92%3.03583.2M
5255ICON (5255) [s]5Trad/Serv - Main Market3.9314.090.00%0.55600.4M
5257CARIMIN (5257) [s]3Trad/Serv - Main Market6.6317.131.01%1.14232.7M
5259EATECH (5259) [s]3Trad/Serv - Main Market5.7333.020.00%1.89524.2M
5260OWG (5260)3Trad/Serv - Main Market7.9143.680.00%3.45492.1M
5264MALAKOF (5264) [s]1Trad/Serv - Main Market0.1989.90.00%0.179350.0M
5266EONCAP (5266)8Finance - Main Market0.0000.00%0.000.0M
5282MAMEE (5282)10Consumer Products - Main Market0.0000.00%2.45628.6M
5398GAMUDA (5398) [s]50Construction - Main Market12.4015.842.35%1.9611911.3M
5436PERSTIM (5436) [s]51Ind-Prod - Main Market12.1110.917.48%1.32464.7M
5584YEELEE (5584) [s]51Consumer Products - Main Market6.9013.751.55%0.95347.4M
5819HLBANK (5819)51Finance - Main Market13.5711.412.94%1.5524607.7M
5878KPJ (5878) [s]51Trad/Serv - Main Market10.7431.451.14%3.384508.7M
5983MBMR (5983) [s]51Trad/Serv - Main Market7.9410.752.32%0.851347.9M
6012MAXIS (6012) [s]23Trad/Serv - Main Market36.4831.486.98%11.4851735.9M
6017SHL (6017)51Properties - Main Market15.007.875.59%1.18823.2M
6033PETGAS (6033) [s]51Ind-Prod - Main Market17.5223.134.33%4.0543373.8M
6084STAR (6084) [s]51Trad/Serv - Main Market10.9915.17.23%1.661837.5M
6106SINDORA (6106)9Ind-Prod - Main Market0.0000.00%1.22294.5M
6114MKH (6114) [s]51Properties - Main Market7.2713.653.24%0.991035.9M
6165SUNRISE (6165)6Properties - Main Market0.0000.00%0.000.0M
6238HSL (6238) [s]51Construction - Main Market13.0212.681.62%1.651016.6M
6289SUNCITY (6289)8Properties - Main Market0.0000.00%0.000.0M
6351AMWAY (6351) [s]50Trad/Serv - Main Market49.0116.035.07%7.861782.0M
6399ASTRO (6399)10Trad/Serv - Main Market72.6931.263.12%22.7216229.4M
6432APOLLO (6432) [s]50Consumer Products - Main Market10.6615.295.06%1.63395.2M
6491KFIMA (6491) [s]51Trad/Serv - Main Market8.668.653.98%0.75552.2M
6599AEON (6599) [s]51Trad/Serv - Main Market11.7921.723.31%2.564675.3M
6718CRESNDO (6718) [s]50Properties - Main Market14.204.366.96%0.62523.2M
6742YTLPOWR (6742)51IPC - Main Market11.299.826.13%1.1111395.7M
6769KELADI (6769)50Properties - Main Market6.7812.31.67%0.83227.5M
6831UBG (6831)6-0.0000.00%0.000.0M
6947DIGI (6947) [s]51IPC - Main Market325.6322.034.53%71.7544628.5M
7008AUTOV (7008)9Ind-Prod - Main Market0.0000.00%1.74122.0M
7022GTRONIC (7022) [s]51Technology - Main Market23.9826.023.68%6.241755.0M
7035CCK (7035) [s]51Consumer Products - Main Market6.4412.191.90%0.79121.9M
7076CBIP (7076) [s]51Ind-Prod - Main Market14.9712.22.62%1.831115.0M
7084QL (7084) [s]51Consumer Products - Main Market13.3026.680.86%3.555092.0M
7087MAGNI (7087) [s]50Consumer Products - Main Market16.858.673.69%1.46381.9M
7090AHEALTH (7090) [s]51Consumer Products - Main Market12.2814.042.42%1.72462.7M
7091UNIMECH (7091) [s]51Trad/Serv - Main Market7.1210.554.23%0.75170.6M
7095PIE (7095) [s]51Ind-Prod - Main Market12.2412.253.09%1.50497.7M
7100UCHITEC (7100) [s]51Ind-Prod - Main Market19.1315.696.48%3.00630.5M
7103SPRITZER (7103) [s]50Consumer Products - Main Market10.8412.651.97%1.37282.9M
7104JOTECH (7104)11Ind-Prod - Main Market0.0000.00%1.13179.4M
7106SUPERMX (7106) [s]51Ind-Prod - Main Market10.2914.342.38%1.481428.6M
7111WEIDA (7111) [s]51Ind-Prod - Main Market4.5911.81.85%0.54205.6M
7113TOPGLOV (7113) [s]49Ind-Prod - Main Market13.3017.52.93%2.333377.6M
7118LIPO (7118)13Ind-Prod - Main Market6.8010.992.43%0.7562.4M
7125EMIVEST (7125)11Consumer Products - Main Market0.0000.00%0.60107.4M
7126LONBISC (7126) [s]50Consumer Products - Main Market3.8610.910.00%0.42159.5M
7127UKB (7127)6Ind-Prod - Main Market0.0000.00%0.000.0M
7128CAMRES (7128) [s]51Consumer Products - Main Market6.838.670.00%0.5961.4M
7129ASIAFLE (7129) [s]51Consumer Products - Main Market10.8213.293.97%1.44667.1M
7148CCMDBIO (7148) [s]51Consumer Products - Main Market17.6914.924.49%2.64541.2M
7149ENGKAH (7149) [s]51Consumer Products - Main Market7.6725.575.19%1.96142.9M
7153KOSSAN (7153) [s]51Ind-Prod - Main Market17.9227.191.08%4.874143.8M
7162ASTINO (7162) [s]48Ind-Prod - Main Market11.156.843.58%0.76215.2M
7169DOMINAN (7169) [s]48Ind-Prod - Main Market10.1310.31.79%1.04231.1M
7172PMBTECH (7172) [s]47Ind-Prod - Main Market5.1410.853.08%0.5675.5M
7178YSPSAH (7178) [s]47Consumer Products - Main Market8.3213.593.12%1.13277.2M
7202CSCENIC (7202) [s]44Consumer Products - Main Market11.3414.666.25%1.66154.2M
7205COCOLND (7205) [s]43Consumer Products - Main Market11.7016.182.60%1.89429.0M
7210FREIGHT (7210) [s]43Trad/Serv - Main Market12.2012.063.24%1.47263.2M
7216KAWAN (7216) [s]40Consumer Products - Main Market13.8521.491.37%2.98477.9M
7222IMASPRO (7222) [s]39Ind-Prod - Main Market8.5911.962.33%1.03120.0M
7229FAVCO (7229) [s]36Ind-Prod - Main Market20.476.153.58%1.26603.5M
7231WELLCAL (7231) [s]36Ind-Prod - Main Market38.5817.794.58%6.86623.5M
7236HELP (7236)27Trad/Serv - Main Market0.0000.00%0.000.0M
7247SCGM (7247) [s]29Ind-Prod - Main Market17.0719.475.40%3.32252.0M
7248SLP (7248) [s]30Ind-Prod - Main Market14.2721.131.66%3.02296.8M
7249EWEIN (7249)29Ind-Prod - Main Market3.3148.70.40%1.61197.2M
7277DIALOG (7277) [s]51Trad/Serv - Main Market13.4632.050.96%4.328458.0M
7323KEN (7323) [s]51Properties - Main Market15.836.154.09%0.97197.3M
7374TIENWAH (7374)51Ind-Prod - Main Market4.6515.845.08%0.74178.5M
7609AJIYA (7609) [s]50Ind-Prod - Main Market6.4410.131.20%0.65173.7M
7641SELOGA (7641)13Construction - Main Market0.0000.00%0.4720.8M
7757UPA (7757) [s]51Consumer Products - Main Market8.298.854.41%0.73140.7M
7919HPI (7919)9Ind-Prod - Main Market0.0000.00%0.000.0M
8265EPIC (8265)9Trad/Serv - Main Market0.0000.00%1.33513.8M
8281GFB (8281)11Ind-Prod - Main Market0.0000.00%0.6778.2M
8575SAPCRES (8575)11Trad/Serv - Main Market0.0000.00%4.906476.3M
8583MAHSING (8583) [s]51Properties - Main Market11.7511.772.82%1.384167.4M
8621LPI (8621)51Finance - Main Market17.8416.674.70%2.974827.1M
8664SPSETIA (8664) [s]50Properties - Main Market6.8020.913.23%1.428577.9M
8737YTLCMT (8737)11Ind-Prod - Main Market0.0000.00%0.973398.2M
8877EKOVEST (8877) [s]28Construction - Main Market4.3018.981.91%0.82889.7M
9415QSR (9415)14Trad/Serv - Main Market0.0000.00%1.911946.9M
9466KKB (9466) [s]51Ind-Prod - Main Market14.0610.992.67%1.55482.1M
9644HIRO (9644)10Ind-Prod - Main Market0.0000.00%2.10413.4M

You can download the data here: Companies That Never Lose Money 20150608 (.csv).

The earliest records that I can access are up to 51 quarters ago (12.75 years ago). This is due to the limitation from the website that I am using. Some of the companies, that never lose money, have shorter number of quarters like 12 is because they are being listed just not long ago. So there is no public financial record before that.

Out of the total 1045 companies available at KLSE screener, there are a total of 246 companies that never lose money. That is roughly around 23.5 % of the total population in Bursa Malaysia.

It is not easy to start a business. It is ever harder to start a business that makes money. Starting a business that never lose money is like a dream for everyone. So I suspect either those companies are really making money like clock work or some of them are cooking their book! Well, I hope not.

Invest in a company that never loses money is a safe bet because time is your friend. The longer it operates, the more money it makes. Still, you need to investigate whether those companies have high debt or capital expenditure etc to determine whether those earned monies are kept or spent. I like companies that accumulate tons of cash. They earn much more then they are able to spend it!

Note: This study does not involve the earning growth. I don’t look at whether the earning are growing or decreasing which is a major factor that determine growth of the share price.