ENGTEX

Quarterly rpt on consolidated results for the financial period ended 31/12/2002

ENGTEX GROUP BERHAD

Quarterly report for the financial period ended

31/12/2002
Quarter4
Financial Year End31/12/2002
The figureshave not been audited

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2002


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
31/12/2002 
31/12/2001 
31/12/2002 
31/12/2001 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
62,202
0
146,722
0
2Profit/(loss) before tax
4,371
0
11,208
0
3Profit/(loss)
after tax and minority
interest
3,081
0
8,467
0
4Net profit/(loss) for
the period
3,081
0
8,467
0
5Basic earnings/(loss) per share (sen)
9.30
0.00
25.70
0.00
6Dividend per share (sen)
7.00
0.00
7.00
0.00



AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR
END
7
Net tangible assets per share (RM)

1.5300
0.0000

Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my


Remarks :
1. The effect to the current year-to-date results, as a result of the inclusion of net pre-acquisition profits arising from acquisition of Engtex Sdn Berhad on 30/5/02 and Engtex Ductile Iron Pipe Industry Sdn Bhd (formerly known as Linear Solid Sdn Bhd) on 10/12/02 into the respective classification of income and expenses to comply with MASB 21, is as follows:
Before allocation Allocation of pre-acquisition profits After allocation
RM'000 RM'000 RM'000
Revenue 253,929 (107,207) 146,722
Profit before tax 20,320 (9,112) 11,208
Profit after tax and MI 14,504 (6,037) 8,467

2. The directors recommended a final dividend per share of 7 sen which is subject to the approvals by the shareholders at the forthcoming AGM and therefore not included in the financial statements as at 31/12/02.


Announcement Info

Company NameENGTEX GROUP BERHAD  
Stock Name ENGTEX    
Date Announced24 Feb 2003  
CategoryFinancial Results
Reference NoEG-030224-61730