Spray paint maker Samurai 2K expanding to the US, targets pick-up truck owners

Samurai 2K, the best-performing IPO last year, has been reporting strong growth. For the half year ended Sept 30, 2017, earnings increased 330.5% y-o-y to RM6.4 million (S$2.2 million), or 6.44 sen a share. Revenue doubled to RM34.5 million. Its net asset value as at Sept 30 was 31.04 sen, up from 24.78 sen a year earlier.

(Cited by The Edge:

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