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Jadason Enterprises reports 2QFY09 results (05 Aug 09)
- Revenue: +2% (2Q09), -20% (1H09)
- Net Profit: NM (2Q09), +143% (1H09)
- Outlook: The prospect for 2009 continues to be challenging, despite the improvement in sentiment in recent months.
- As noted previously, whilst demand for the Group’s manufacturing and support services will be affected by the weakness in the overall electronics sector, the Group sees business opportunities from the launch of third generation (“3G”) mobile telecommunication services in China.
- Currently, the Group’s plants in Dongguan are operating at healthy levels of capacity utilisation.
- The Group continues to receive strong interest for its proprietary product, QPress, the world’s first B2-size sheet-fed toner-based printer.
- Amid the weak macro-economic environment, the Group continues to place strong emphasis on the management of trade receivables, inventories, operating and capital expenditures.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 32,534 36,234
2008 50,591 35,392 58,511 44,632 189,126
2007 48,196 66,388 33,985 67,756 216,325
2006 55,697 74,011 49,841 53,527 233,076
2005 32,500 40,325 39,821 48,129 160,775
2004 68,594 66,205 56,892 35,994 227,685
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 407 617
2008 1,802 (1,381) 2,091 (3,930) (1,418)
2007 2,316 3,161 4,484 4,541 14,502
2006 5,012 4,662 3,343 6,517 19,534
2005 1,007 1,502 2,661 4,931 10,101
2004 4,170 4,466 3,017 442 12,095
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Dividends
FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 NA 0.00500 NA
2006 NA 0.00352 0.00511
2005 NA 0.00375 NA
2004 NA 0.00375 NA
2003 NA 0.00300 NA
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Bonus / Rights / Stock Split
Date Type Details
NA
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Share Data (SGD)
NAV = $0.1413
EPS = $0.0014 (6M FY09)
No of Shares = 724,265,000
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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