SOP
Quarterly rpt on consolidated results for the financial period ended 30/6/2006
Amended Announcements
Please refer to the earlier announcement reference number: SO-060830-32788
SARAWAK OIL PALMS BERHAD |
Financial Year End | 31/12/2006 |
Quarter | 2 |
Quarterly report for the financial period ended | 30/06/2006 |
The figures | have not been audited |
Remarks : |
On 8 May 2006, the Company had acquired 65% equity interest in Danum Jaya Sdn Bhd ("DJSB") and in order to comply fully with FRS 127 on Consolidated Financial Statements and Investment in Subsidiaries where fair value of assets and liabilities are to be used, amendments had been made to the Quarterly Report for 2nd Quarter 2006 to reflect the impact of the joint venture. As a result of the joint venture, a reserve on consolidation (or negative goodwill) of RM3,605,460 was recognised in the Consolidated Income Statement of the Group in accordance with FRS 3 on Business Combination. This has resulted in a higher profit before tax of the same amount. This is further explained and elaborated in note A11 in the attached Amended Quarterly Report. Amendments has been made to the following:- (i) Part A2: Item 2 - Profit/(loss) before tax and minority interest for current year quarter should read "10,257" instead of "7,250" and for year todate should read "14,598" instead of "10,993". (ii) Part A2: Item 3 - Profit/(loss) after tax and minority interest for current year quarter should read "8,128" instead of "4,523" and for year todate should read "10,855" instead of "7,250". (iii) Part A2: Item 4 - Net Profit/(loss) for current year quarter should read "8,128" instead of "4,523" and for year todate should read "10,855" instead of "7,250". (iv) Part A2: Item 5 - Basic earnings per share (sen) for current year quarter should read "5.71" instead of "3.18" and for year todate should read "7.66" instead of "5.02". (v) Part A2: Item 7 - Net assets per share (RM) as at end of current quarter should read "2.27" instead of "2.24". |
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2006 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
30/06/2006 | 30/06/2005 | 30/06/2006 | 30/06/2005 | ||
RM'000 | RM'000 | RM'000 | RM'000 | ||
1 | Revenue | 46,478 | 41,824 | 90,259 | 80,967 |
2 | Profit/(loss) before tax | 10,257 | 7,005 | 14,598 | 12,840 |
3 | Profit/(loss) for the period | 8,128 | 4,038 | 10,855 | 7,735 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 8,128 | 4,038 | 10,855 | 7,735 |
5 | Basic earnings/(loss) per share (sen) | 5.71 | 4.25 | 7.66 | 8.14 |
6 | Proposed/Declared dividend per share (sen) | 2.50 | 5.00 | 2.50 | 5.00 |
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 (RM) | 2.2700 | 2.6200 |
Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my
Remarks : |
no change. |
Announcement Info
Company Name | SARAWAK OIL PALMS BERHAD |
Stock Name | SOP |
Date Announced | 20 Nov 2006 |
Category | Financial Results |
Reference No | SO-061117-56919 |