TURBO

Quarterly rpt on consolidated results for the financial period ended 31/12/2010

TURBO-MECH BERHAD

Financial Year End

31/12/2010
Quarter4
Quarterly report for the financial period ended31/12/2010
The figureshave not been audited

Remarks :
These are the fourth interim financial statements on the consolidated results for the financial year ended 31 December 2010 announced by the Company in compliance with Bursa Malaysia Securities Berhad's ("Bursa Securities") Main Market Listing Requirements in conjunction with the admission of the Company to the Main Market of Bursa Securities. As this is the fourth quarterly report being drawn up after the Group was constituted on 22 February 2010, there are no comparative consolidated figures for the preceding financial corresponding individual quarter.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2010

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2010
31/12/2009
31/12/2010
31/12/2009
$$'000
$$'000
$$'000
$$'000
1Revenue
14,531
42,815
63,872
2Profit/(loss) before tax
1,798
11,034
10,109
3Profit/(loss) for the period
1,531
9,295
8,952
4Profit/(loss) attributable to ordinary equity holders of the parent
1,543
9,307
8,952
5Basic earnings/(loss) per share (Subunit)
1.50
9.10
9.95
6Proposed/Declared dividend per share (Subunit)
5.00
5.00


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 ($$)
0.5900
0.5100

Remarks :
The Board of Directors has recommended a final tax exempt (single-tier) dividend of 5 sen per ordinary share of 50 sen in respect of financial year ended 31 December 2010 subject to approval of the shareholders at the forthcoming Second Annual General Meeting, the date of which will be announced later. The entitlement date in respect of the final tax exempt (single-tier) dividend and the date of payment will be announced at a later date.
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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Announcement Info

Company NameTURBO-MECH BERHAD  
Stock Name TURBO    
Date Announced28 Feb 2011  
CategoryFinancial Results
Reference NoCC-110222-38431