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PASDEC

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2020

PASDEC HOLDINGS BERHAD

Financial Year End 31 Dec 2020
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Jun 2020
The figures have not been audited

Remarks :
The External Auditors have performed the limited review. However, the External Auditors did not express conclusion on the interim condensed financial statements of the Group for the period ended 30 June 2020 due to the following reasons:-
(i) They are unable to obtain sufficient appropriate evidence in respect of the Group's subsidiaries based in South Africa under Pasdec Resources SA Limited ("PRSA group") which is a significant component in order to form conclusion as the work of PRSA group auditors is still ongoing; and
(ii) The External Auditors are not able to ascertain the opening balances of the interim condensed financial statements for the period ended 30 June 2020.
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 statement of changes in equity and statement of cash flows.
The Board is of the view that there is no significant doubt as there is no issue of going concern in the Malaysian operations and the major African operations are held for sale and/or discontinued.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
6,184
29,269
11,292
62,594
2 Profit/(loss) before tax
827
-4,017
-91
-7,380
3 Profit/(loss) for the period
-8,326
-3,740
-11,781
-7,380
4 Profit/(loss) attributable to ordinary equity holders of the parent
-3,634
-2,576
-6,262
-5,754
5 Basic earnings/(loss) per share (Subunit)
-0.91
-0.65
-1.56
-1.44
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 ($$)
0.7800
0.8100

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 28 Aug 2020
Category Financial Results
Reference Number FRA-28082020-00113