VELOCITY

Quarterly rpt on consolidated results for the financial period ended 31/3/2006

Amended Announcements
Please refer to the earlier announcement reference number: CH-060518-69711

APP INDUSTRIES BERHAD

Quarterly report for the financial period ended

31/03/2006
Quarter1
Financial Year End31/12/2006
The figureshave not been audited

Remarks :
Amendments were made to the following Notes to the Interim Financial Report for the 1st Quarterly Report for the Financial Period Ended 31 March 2006 which was announced on 19 May 2006 as folows:

Amended Note No. 10 - Valuation of Property, Plant and Equipment
There were no changes in the valuation of property, plant and equipment since the latest audited financial statements for the year ended 31 December 2005, with the exception of a revaluation done on an industrial land and factory building located at Kamunting Raya Industrial Estate, Perak in March 2006.

Amended Note No. 14 - Capital Commitments

The amount of capital commitments for the purchase of property, plant and equipment not provided for in the interim financial statement as at 31 March 2006 is as follows:
RM'000
Approved but not contracted for 1,500
Contracted but not provided for 430
_____
1,930
=====

Amended Note No. 24(b) - Off Balance Sheet Financial Instruments

24(b) - As at 11 May 2006, the amount of forward foreign exchange contracts which were entered into by the Group to hedge against its export proceeds was RM2.3 million. The settlement dates of these contracts range between 1 to 5 months.

The remaining Notes to the Interim Financial Report remains unchanged.

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2006


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2006 
31/03/2005 
31/03/2006 
31/03/2005 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
10,197
10,022
10,197
10,022
2Profit/(loss) before tax
-1,071
258
-1,071
258
3Profit/(loss)
after tax and minority
interest
-718
224
-718
224
4Net profit/(loss) for
the period
-718
224
-718
224
5Basic earnings/(loss) per share (sen)
-0.90
0.28
-0.90
0.28
6Dividend per share (sen)
0.00
0.00
0.00
0.00



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

0.5710
0.5790

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



Announcement Info

Company NameAPP INDUSTRIES BERHAD  
Stock Name APP    
Date Announced22 May 2006  
CategoryFinancial Results
Reference NoCH-060522-58476