PASDEC

Quarterly rpt on consolidated results for the financial period ended 31 Dec 2019

Amended Announcements
Please refer to the earlier announcement reference number: FRA-28022020-00116

PASDEC HOLDINGS BERHAD

Financial Year End 31 Dec 2019
Quarter 4 Qtr
Quarterly report for the financial period ended 31 Dec 2019
The figures have not been audited

Remarks :
The External Auditors have performed the limited review. However,  they were unable to obtain sufficient appropriate evidence in respect of Pasdec Resources SA Limited (PRSA) and its subsidiaries, comprising of  Pasdec Automotive Technologies (Pty) Ltd (PAT) and Pasdec Automotive Technologies (Bostwana) (Pty) Ltd (PATBW),which are a component of the Group based in South Africa, to form the conclusion as the component auditors work is still ongoing. Consequently, the External Auditors were unable to determine whether any adjustments might have been found necessary in respect of the Group's assets, liabilities, income and expenses, and the elements making up the condensed consolidated statements of changes in equity and statements of cash flows.  Therefore, due to the significance of the matter, the External Auditors did not express conclusion to the condensed financial statements of the Group for the period ended 31 December 2019.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2019

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2019
31 Dec 2018
31 Dec 2019
31 Dec 2018
$$'000
$$'000
$$'000
$$'000
1 Revenue
8,206
12,648
31,435
57,164
2 Profit/(loss) before tax
-13,932
2,667
-15,692
-3,775
3 Profit/(loss) for the period
-16,217
-9,714
-17,881
-21,736
4 Profit/(loss) attributable to ordinary equity holders of the parent
-14,883
-9,296
-16,362
-19,919
5 Basic earnings/(loss) per share (Subunit)
-3.72
-2.34
-4.09
-5.63
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 ($$)
0.8200
0.8600

Remarks :
The net assets per share as at end of current quarter in earlier announcement submitted on 28 February 2020 was erroneous. It should be read as RM0.8200 instead of RM0.8600.

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 PASDEC HOLDINGS BERHAD
Stock Name PASDEC
Date Announced 02 Mar 2020
Category Financial Results
Reference Number FRA-02032020-00006