IQGROUP
Quarterly rpt on consolidated results for the financial period ended 31/3/2010
Amended Announcements
Please refer to the earlier announcement reference number: CP-100527-2011D
| IQ GROUP HOLDINGS BERHAD |
|
Financial Year End | 31/03/2010 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/03/2010 |
| The figures | have not been audited |
| Remarks : |
| The amendment to the Unaudited Fourth Quarter Results is in adherence to the IQ Group Holdings Bhd. ("IQGHB" or the "Company" ) Board of Directors' recent consideration of the possible liquidation of the Company's wholly - owned subsidiary in the People’s Republic of China (i.e. Dong Guan Zhong Jia Electronics Co. Ltd. ) as part of the Company’s rationalisation of its production operations in China and accordingly for consistency with the Financial Reporting Standard requirement, a higher provision is made accordingly in advance for impairment losses from disposal of its stock inventories. During the announcement of the Unaudited Fourth Quarter Results for the period ended 31 March 2010, the Board was not able to ascertain with some definiteness the amount that should be made for the impairment losses without more investigation which was completed only recently. |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/03/2010 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
31/03/2010 | 31/03/2009 | 31/03/2010 | 31/03/2009 | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 36,970 | 43,442 | 132,760 | 151,935 |
| 2 | Profit/(loss) before tax | -14,030 | -614 | -11,977 | -2,105 |
| 3 | Profit/(loss) for the period | -13,549 | -803 | -11,413 | -2,103 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -13,549 | -803 | -11,413 | -2,103 |
| 5 | Basic earnings/(loss) per share (Subunit) | -15.94 | -0.94 | -13.43 | -2.47 |
| 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 ($$) | 1.1400 | 1.3300 | ||
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 | IQ GROUP HOLDINGS BERHAD |
| Stock Name | IQGROUP |
| Date Announced | 8 Jul 2010 |
| Category | Financial Results |
| Reference No | CP-100708-65716 |