UEMS
Quarterly rpt on consolidated results for the financial period ended 31 Mar 2018
Amended Announcements
Please refer to the earlier announcement reference number: FRA-21052018-00056
UEM SUNRISE BERHAD |
Financial Year End | 31 Dec 2018 |
Quarter | 1 Qtr |
Quarterly report for the financial period ended | 31 Mar 2018 |
The figures | have not been audited |
Remarks : |
We refer to the Company's announcement dated 22 May 2018 in relation to its financial results for the first quarter ended 31 March 2018. The Company would like to qualify its statement on its property development sales for the first quarter ended 31 March 2018 as announced on 22 May 2018. The total property development sales for the period was RM354.1 million instead of the announced figures of RM434.3 million. The correction is in relation to its Mayfair development in Melbourne, Australia. The revision was made upon discovery that certain units sold, which was in the previous quarter classified as confirmed reservations and subsequently recognised as sales, was again recorded as new sales when contracted in the current quarter. The reduction in the figures does not have an impact on the UEMS Group of companies for the financial year 2018 as the sales of Mayfair will only be recognised as revenue upon the project's completion and settlement planned in 2022. The Company is however pleased to report that its property development sales to-date of RM538.6 million has exceeded the sales figures announced on 22 May 2018. |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
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PRECEDING YEAR CORRESPONDING PERIOD |
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31 Mar 2018
|
31 Mar 2017
|
31 Mar 2018
|
31 Mar 2017
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
287,741
|
420,335
|
287,741
|
420,335
|
2 | Profit/(loss) before tax |
29,480
|
41,063
|
29,480
|
41,063
|
3 | Profit/(loss) for the period |
25,186
|
23,885
|
25,186
|
23,885
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
25,287
|
23,309
|
25,287
|
23,309
|
5 | Basic earnings/(loss) per share (Subunit) |
0.56
|
0.51
|
0.56
|
0.51
|
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 ($$) |
1.5200
|
1.5200
|
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 | UEM SUNRISE BERHAD |
Stock Name | UEMS |
Date Announced | 28 May 2018 |
Category | Financial Results |
Reference Number | FRA-28052018-00021 |