FINTEC

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2017

Amended Announcements
Please refer to the earlier announcement reference number: FRA-25082017-00032

ASIA BIOENERGY TECHNOLOGIES BERHAD

Financial Year End 31 Mar 2018
Quarter 1 Qtr
Quarterly report for the financial period ended 30 Jun 2017
The figures have not been audited

Attachments

ABT - 1Q2018 Financial Report (Amended).pdf
197.7 kB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2017

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2017
30 Jun 2016
30 Jun 2017
30 Jun 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
1,909
1,507
1,909
1,507
2 Profit/(loss) before tax
39,073
-7,689
39,073
-7,689
3 Profit/(loss) for the period
39,073
-7,689
39,073
-7,689
4 Profit/(loss) attributable to ordinary equity holders of the parent
39,088
-7,683
39,088
-7,683
5 Basic earnings/(loss) per share (Subunit)
10.09
-0.86
10.09
-0.86
6 Proposed/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 ($$)
0.2422
0.0476

Remarks : 
With reference to the announcement made on 25 August 2017, the following have been amended:-

Condensed Consolidated Statement of Financial Position

Net assets per share attributable to equity holders of the Company should be read as 24.22 sen, instead of 8.34 sen.

The difference in the figures reported is due to a formula error arising from the use of the pre-consolidated number of shares in issue as opposed to the post-consolidated number of shares in issue of 413,124,775 ordinary shares as at 30 June 2017. 

Note B9, Earnings per share (EPS)

Weighted average number of shares in issue for the quarter ended 30 June 2017 was 387,557,890 resulting in the amended Basic EPS and Dilutive EPS of 10.09 sen and 7.53 sen respectively, instead of 9.71 sen and 7.32 sen as previously reported.

The computation of the weighted average number of shares previously reported contained a formula error which has been corrected in this announcement.

The rest of the information in the report remains unchanged, except for the abovementioned amendments.

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:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence



Announcement Info

Company Name ASIA BIOENERGY TECHNOLOGIES BERHAD
Stock Name ASIABIO
Date Announced 15 Nov 2017
Category Financial Results
Reference Number FRA-15112017-00025


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