ENGTEX
Quarterly rpt on consolidated results for the financial period ended 31/12/2004
| ENGTEX GROUP BERHAD |
|
Quarterly report for the financial period ended | 31/12/2004 |
| Quarter | 4 |
| Financial Year End | 31/12/2004 |
| The figures | have not been audited |
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2004 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31/12/2004 | 31/12/2003 | 31/12/2004 | 31/12/2003 | ||
RM'000 | RM'000 | RM'000 | RM'000 | ||
| 1 | Revenue | 83,076 | 69,449 | 352,444 | 295,973 |
| 2 | Profit/(loss) before tax | 4,507 | 1,208 | 23,336 | 17,815 |
| 3 | Profit/(loss) after tax and minority interest | 3,150 | 1,179 | 16,990 | 13,494 |
| 4 | Net profit/(loss) for the period | 3,150 | 1,179 | 16,990 | 13,494 |
| 5 | Basic earnings/(loss) per share (sen) | 3.80 | 1.50 | 21.10 | 17.60 |
| 6 | Dividend per share (sen) | 5.00 | 7.00 | 5.00 | 7.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net tangible assets per share (RM) | 1.6500 | 1.7100 | ||
Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my
| Remarks : |
| 1. The correction of fundamental error in 2003 was in relation to the tax benefits arising from the unutilised tax incentive that was previously recognised as deferred tax asset. Upon further clarification from the Malaysian Accounting Standards Board ("MASB"), the deferred tax asset was reversed resulting in a decrease in profit by RM1,287,953 for the preceding year corresponding quarter and period ended 31 December 2003 as tabulated below: Preceding year corresponding quarter Preceding year corresponding period ended 31/12/03 ended 31/12/03 Restated net profit 2,467 14,782 Correction of fundamental error (1,288) (1,288) Adjusted net profit for the period 1,179 13,494 2. The calculation of basic earnings per share in the preceding year corresponding quarter and period ended 31 December 2003 were based on the adjusted net profits attributable to ordinary shareholders of RM1.179 million and RM13.494 million respectively and the adjusted number of ordinary shares in issue of RM76,500,000, after taking into consideration the full effect of bonus shares of 16,500,000. 3. The Directors recommend a final dividend of 5% less tax totalling RM2,970,000 in respect of the year ended 31 December 2004, which is subject to the approval by the shareholders at the forthcoming Annual General Meeting. This proposed dividend has not been included in the financial statements. |
Announcement Info
| Company Name | ENGTEX GROUP BERHAD |
| Stock Name | ENGTEX |
| Date Announced | 25 Feb 2005 |
| Category | Financial Results |
| Reference No | EG-050217-33159 |