Dominan ... Jan11

Dominant Enterprise Bhd (DEB), which makes and sells medium density fibreboard (MDF) mouldings, laminated wood panels, plywood and particle boards, has seen growing market share and expanding sales over the past few years.

Its revenue registered a compound annual growth rate of 14.3 per cent over the past 10 years. The positioning of the company's products has partly contributed to the stable growth in bottom line and sales.

DEB was incorporated in July 1991. The Johor-based company was listed on the second board of Bursa Malaysia on October 20 2003 and two years later, was transferred to the main board on October 20 2005.

DEB supplies its products to furniture manufacturers, building material distributors, door and window manufacturers, building contractors and hardware suppliers.

In 2010 it posted RM19 million profit before tax. In its financial year ended March 31 2010, DEB reported RM14.24 million net profit on the back of RM309.73 million revenue, up from RM11.4 million net profit and RM308.91 million revenue in the previous year.

Other factors contributing to the company's stable income and turnover include diversified export markets, bulk-buying of raw materials, being close to customers and flexibility to to meet customers' requirements.

For the half year ended September 30 2010, DEB reported RM7.18 million net profit on the back of RM168.72 million revenue, compared with RM7.34 million net profit and RM151.2 million revenue in the previous corresponding period.

MDF mouldings manufactured by DEB are used for door casing, door jam, skirting and window reveals; while its wrapped mouldings are for the furniture industry and interior decoration. Its laminated wood panel products are for knocked-down furniture and speaker boxes.

80 per cent of the company's turnover comes from the local market, with the remaining from exports.

The company's gearing is low.