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HUAYANG

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2020

Amended Announcements
Please refer to the earlier announcement reference number: FRA-22062020-00038

HUA YANG BERHAD

Financial Year End 31 Mar 2020
Quarter 4 Qtr
Quarterly report for the financial period ended 31 Mar 2020
The figures have not been audited

Remarks :
The amended results is filed consequent to the recognition of impairment of RM74.71 million on the carrying value of the investment in associate. The major changes are in relation to the following which are quoted in RM'000.

(a) Administrative and General Expenses for quarter ended 31 March 2020 and cumulative period ended 31 March 2020 revised to "(81,317)" instead of "(6,610)" and "(102,607)" instead of "(27,900)" respectively.

(b) (Loss)/Profit before Tax for quarter ended 31 March 2020 and cumulative period ended 31 March 2020 revised to "(76,420)" instead of "(1,713)" and "(64,408)" instead of "10,299" respectively.

(c) (Loss)/Profit for the Period for quarter ended 31 March 2020 and cumulative period ended 31 March 2020 revised to "(78,723)" instead of "(4,016)" and "(72,576)" instead of "2,131" respectively.

(d) Earnings per share attributable to Owners of the Company for quarter ended 31 March 2020 and cumulative period ended 31 March 2020 revised to "(22.36)" instead of "(1.14)" and "(20.60)" instead of "0.63" respectively.

(e) Investment in associate under Non-Current Assets revised to "74,764" instead of 149,471". 

(f) Net Assets per share attributable to owners of the Company as at 31 March 2020 revised to "1.39" instead of "1.60".

Amendment has also been made to the explanatory notes Part A nos. 4 and 5 and Part B nos. 20, 21 and 24.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2020
31 Mar 2019
31 Mar 2020
31 Mar 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
58,023
73,009
280,720
272,520
2 Profit/(loss) before tax
-76,420
-28,770
-64,408
13,813
3 Profit/(loss) for the period
-78,723
-31,051
-72,576
-22,471
4 Profit/(loss) attributable to ordinary equity holders of the parent
-78,717
-30,915
-72,495
-22,231
5 Basic earnings/(loss) per share (Subunit)
-22.36
-8.78
-20.60
-6.32
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 ($$)
1.3900
1.6000

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 HUA YANG BERHAD
Stock Name HUAYANG
Date Announced 23 Jul 2020
Category Financial Results
Reference Number FRA-21072020-00006