ECM

Quarterly rpt on consolidated results for the financial period ended 31/1/2014

ECM LIBRA FINANCIAL GROUP BERHAD

Financial Year End

31/01/2014
Quarter4
Quarterly report for the financial period ended31/01/2014
The figureshave not been audited

Attachments

ELFG.Q414 - 20 March 2014.pdf
542 KB


Remarks :
The application of MFRS 10 Consolidated Financial Statements ("MFRS 10") affected the accounting for the Group's interest in a fund managed by a wholly owned subsidiary, Libra Invest Berhad. Upon adoption of MFRS 10, the Group has consolidated the fund as a subsidiary of the Group. As required under MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors, we have restated the Consolidated Statement of Financial Position as at 31 January 2013 and the Consolidated Statement of Comprehensive Income for the year then ended.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/01/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/01/2014
31/01/2013
31/01/2014
31/01/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
7,691
37,740
28,006
165,604
2Profit/(loss) before tax
2,599
-54,076
14,787
-33,862
3Profit/(loss) for the period
1,547
-55,869
12,287
-41,992
4Profit/(loss) attributable to ordinary equity holders of the parent
1,547
-55,869
12,287
-41,992
5Basic earnings/(loss) per share (Subunit)
0.58
-6.75
3.97
-5.06
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.4200
1.1000

Remarks :
The financial information for the preceding year comprised results from both continuing and discontinued operations of the Group. ECM Libra Investment Bank Berhad ("ECMLIB") and its subsidiaries were presented as a disposal group held-for-sale following the commitment of the Group, on 15 June 2012, to a conditional share purchase agreement for the proposed disposal by the Group of the entire equity interest in ECMLIB. The disposal was completed on 14 December 2012.
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Announcement Info

Company NameECM LIBRA FINANCIAL GROUP BERHAD  
Stock Name ECM    
Date Announced20 Mar 2014  
CategoryFinancial Results
Reference NoEL-140318-36155