WCT

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

Amended Announcements
Please refer to the earlier announcement reference number: FRA-26022020-00056

WCT 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
  • 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
461,036
701,242
1,794,064
2,296,713
2 Profit/(loss) before tax
-99,442
283
10,145
148,693
3 Profit/(loss) for the period
-106,445
-53,794
-34,551
45,205
4 Profit/(loss) attributable to ordinary equity holders of the parent
-103,969
2,529
-27,624
106,849
5 Basic earnings/(loss) per share (Subunit)
-7.37
0.18
-1.98
7.65
6 Proposed/Declared dividend per share (Subunit)
0.71
1.71
0.71
1.71


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 ($$)
2.2200
2.2600

Remarks :
(a) The financial information of the Group for the financial period/year ended 31 December 2018 have been restated for purpose of comparative information, where land held for development and development properties would have achieved its intended use when a development project is launched, and hence, interest capitalisation should ceased at the point of project launch, consistent with IFRIC Agenda Decision (March 2019) on IAS 23 Borrowing Costs, which has been adopted by the Group with effect from 1 January 2019.
(b) Final dividend for current year comprises of share dividend via a distribution of treasury shares on the basis of one (1) treasury share for every one hundred (100) ordinary shares held, fraction of treasury shares to be disregarded. The dividend of 0.71 sen per share is calculated based on the market closing price of RM0.71 per share on 26 February 2020.

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 WCT HOLDINGS BERHAD
Stock Name WCT
Date Announced 02 Apr 2020
Category Financial Results
Reference Number FRA-02042020-00001