PADINI

Quarterly rpt on consolidated results for the financial period ended 30/9/2003

PADINI HOLDINGS BERHAD

Quarterly report for the financial period ended

30/09/2003
Quarter1
Financial Year End30/06/2004
The figureshave not been audited

Remarks :
As per an announcement made to the KLSE on 21.11.2003, the Company have from 01.07.2003, adopted the Cost Method (as per MASB 12) in accounting for the results of its associate. This is a change from the Equity Method (also as per MASB 12) used previously. The financial results of the previous year's corresponding quarter have therefore been adjusted accordingly to reflect this change. This move does not have any material impact upon the past or current results of the Group.

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2003


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
30/09/2003 
30/09/2002 
30/09/2003 
30/09/2002 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
48,661
42,300
48,661
42,300
2Profit/(loss) before tax
3,095
4,318
3,095
4,318
3Profit/(loss)
after tax and minority
interest
1,743
2,455
1,743
2,455
4Net profit/(loss) for
the period
1,743
2,455
1,743
2,455
5Basic earnings/(loss) per share (sen)
4.35
6.14
4.35
6.14
6Dividend per share (sen)
0.00
0.00
0.00
0.00



AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR
END
7
Net tangible assets per share (RM)

2.0700
2.0300

Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my


Remarks :
As per an announcement made to the KLSE on 21.11.2003, the Company have from 01.07.2003, adopted the Cost Method (as per MASB 12) in accounting for the results of its associate. This is a change from the Equity Method (also as per MASB 12) used previously. The financial results of the previous year's corresponding quarter have therefore been adjusted accordingly to reflect this change. This move does not have any material impact upon the past or current results of the Group.


Announcement Info

Company NamePADINI HOLDINGS BERHAD  
Stock Name PADINI    
Date Announced27 Nov 2003  
CategoryFinancial Results
Reference NoCM-031127-5B4C5