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Latest
Quarterly Report
Interim Report on Consolidated Results for the First Financial Quarter Ended 31 March 2009
Condensed Consolidated Income Statements
| 2009 Current quarter ended 31 Mar RM’000 |
2008 Current quarter ended 31 Mar RM’000 |
|
| Revenue | 93,865 | 155,850 |
| Other income | 242 | 999 |
| Operating expenses | (99,244) | (136,483) |
| Finance costs | (222) | (1,315) |
| (Loss)/Profit before taxation | (5,359) | 19,051 |
| Taxation | 145 | (2,709) |
| (Loss)/Profit for the period | (5,214) | 16,342 |
| Attributable to: | ||
| Equity holders of the parent | (5,214) | 16,342 |
| Earnings per share (EPS): | ||
| a) Basic (sen) | (4.93) | 15.39 |
| b) Diluted (sen) | (4.93) | 15.39 |
(The Condensed Consolidated Income Statements should be read in conjunction with the Audited Financial Statements for the year ended 31 December 2008)
View
the full report in PDF format here
Condensed Consolidated Balance Sheet
As
at 31 Mar 2009 RM’000 |
As
at |
|
| ASSETS Non-current Assets |
||
| Property, plant and equipment | 111,999 | 112,948 |
| Investment properties | 2,000 | 2,000 |
| Prepaid interests in leasehold land | 5,013 | 5,053 |
| Goodwill on consolidation | 87 | 87 |
| Deferred tax assets | 160 | 160 |
| 119,259 | 120,248 | |
| Current Assets | ||
| Inventories | 169,687 | 213,848 |
| Trade and other receivables | 112,550 | 126,538 |
| Current tax assets | 3,973 | 3,127 |
| Cash and bank balances | 7,823 | 5,552 |
| 294,033 | 349,065 |
|
| TOTAL ASSETS | 413,292 | 469,313 |
| EQUITY AND LIABILITIES Equity attributable to equity holders of the parent |
||
| Share capital | 109,903 | 109,903 |
| Reserves attributable to capital | 18,890 | 19,113 |
| Retained earnings | 220,820 | 230,797 |
| Total Equity | 349,613 | 359,813 |
| Non-current Liabilities | ||
| Deferred tax liabilities | 9,229 | 9,377 |
| Long-term provisions | 519 | 559 |
| Total non-current liabilities | 9,748 | 9,936 |
| Current Liabilities | ||
| Trade and other payables | 15,228 | 11,001 |
| Borrowings | 33,940 | 88,563 |
| Proposed dividend | 4,763 | - |
| Current tax liabilities | - | - |
| Total current liabilities | 53,931 | 99,564 |
| TOTAL LIABILITIES | 63,679 | 109,500 |
| TOTAL EQUITY AND LIABILITIES | 413,292 | 469,313 |
| Net Tangible Assets Per Share (RM) | 3.31 | 3.40 |
| Net Assets Per Share (RM) | 3.31 | 3.40 |
(The Condensed Consolidated Income Statements should be read in conjunction with the Audited Financial Statements for the year ended 31 December 2008)
View
the full report in PDF format here
Condensed Consolidated Cash Flow
Statements
Period
ended 31 Mar 2009 RM’000 |
Period
ended 31 Mar 2009 RM’000 |
|
| Net (Loss)/Profit before tax | (5,359) | 19,051 |
| Adjustments for non-cash flow:- | ||
| Non-cash items | 12,234 | 2,825 |
| Non-operating items | (223) | 1,299 |
| Interest income from operating activities | (275) | (225) |
| Operating Profit Before Changes In Working Capital | 6,377 | 22,950 |
| Changes In Working Capital: | ||
| Net Change in Current Assets | 47,803 | (10,551) |
| Net Change in Current Liabilities | 4,218 | (4,856) |
| Income Tax Paid | (848) | (1,484) |
| Retirement benefits paid | (40) | (4) |
| Interest income | 275 | 225 |
| Others | - | - |
| Net Cash Generated From / (Used In) Operating Expenses | 57,785 | 6,280 |
| Investing Activities: | ||
| Equity Investments | - | - |
| Other Investments | (509) | (793) |
| Net Cash Used In Investing Activities | (509) | (793) |
| Financing Activities: | ||
| Bank Borrowings | (53,984) | (5,987) |
| Others | (446) | (1,317) |
| Net Cash Generated From / (Used In) Financing Activities | (54,430) | (7,304) |
| Net Change in Cash & Cash Equivalents | 2,846 | (1,817) |
| Cash & Cash Equivalents at beginning of year | 4,977 | 3,879 |
| Cash & Cash Equivalents at end of period | 7,823 | 2,062 |
(The Condensed Consolidated Income Statements should be read in conjunction with the Audited Financial Statements for the year ended 31December 2008)
