feedburner
Enter your email address:

Delivered by FeedBurner

Choose Your Stocks


Aztech Achieves S$229.7 million Revenue and S$13.8 million Net Profit for the 9 months of FY 2009 (21 Oct 09)

Labels:

  • Revenue: +0.6% (3Q09), +11.9% (9M09)
  • Net Profit: +57.0% (3Q09), +40.5% (9M09)
  • Press Release: Q3 FY 2009 Sales: S$75.3m
  • Net profit of S$6.1m for Q3 was up by 57% over the same period last year
  • Net profit of S$13.8m for 9 months of FY 2009 represents a 40.5% increase over the same period last year
  • Outlook: The Group believes that the long-term prospect of the global economy has improved but remains cautiously optimistic of the prospect for the next 12 months.
  • The Group will position itself to capitalize on the long-term upturn while deploying a cautious stand and strategy in the near term.
  • The Group will continue to pursue its diversification strategy so as to position the Group for long-term sustainable growth and to enhance shareholders value.
  • The Group has also on 24 September 2009 announced its intention to diversify into property development,
    construction and management and will convene an EGM to seek shareholders approval.
  • Given the above and barring any unforeseen development, the Group is optimistic that the Group will remain profitable for the full year of 2009 and cautiously optimistic of its year 2010 performance.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 67,644 86,730 75,329
2008 68,970 61,474 74,911 71,098 276,453
2007 55,833 61,804 67,495 83,178 268,310
2006 46,322 54,755 61,954 75,966 238,997

FY 1H 2H Total
2005 83,961 94,623 178,584
2004 62,814 89,321 152,135
-----------------------------------------------------------

Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 2,079 5,649 6,052
2008 3,128 2,822 3,855 2,428 12,233
2007 3,811 5,216 3,591 5,559 18,177
2006 2,127 5,085 5,030 7,796 20,038

FY 1H 2H Total
2005 4,121 6,007 10,128
2004 1,091 5,343 6,434
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)

2009 0.0050
2008 0.0050 0.015 NA
2007 0.0075 0.010 NA
2006 0.0050 0.005 0.005
2005 NA 0.005 NA
2004 NA 0.0025 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details

2007-06-20 Rights WARRANTS OFFER OF 1 FOR 4 @ $0.02
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.2487
EPS = $0.0343 (9M FY09)
Diluted EPS = $0.0329 (9M FY09)
No of Shares =
426,119,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



Continue Reading...