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Surface Mount Technology reports higher revenue and reduced loss for Q1 FY2010 versus Q4 FY2009 (31 Jul 09)
- Revenue: -49.8% (1Q10)
- Net Profit: NM (1Q10)
- Outlook: The Group sees more positive order forecasts from its customers for both existing and new projects.
- The Group's outlook for FY2010 is encouraged by this development.
- As there will still be volatility and uncertainty, the Group's recovery is expected to be gradual and modest.
- The Group will continue with its cost reduction programs and operational efficiency enhancement practices.
FINANCIAL RECORDS
Revenue (HKD '000)
FY 1Q 2Q 3Q 4Q Total
2010 435,284
2009 867,045 759,071 573,693 397,697 2,597,506
2008 816,843 758,436 755,563 767,278 3,098,120
2007 703,309 708,931 631,833 716,529 2,760,602
2006 613,155 673,366 669,832 634,606 2,590,959
2005 608,605 619,460 643,556 587,762 2,459,383
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Earnings (HKD '000)
FY 1Q 2Q 3Q 4Q Total
2010 (16,373)
2009 (4,799) (6,837) (2,887) (21,880) (36,403)
2008 15,410 13,596 (3,296) (21,814) 3,896
2007 21,120 22,255 10,221 14,236 67,832
2006 28,119 36,302 37,496 28,298 130,215
2005 30,225 32,814 35,994 33,831 132,864
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Dividends
FY Interim Final Special (HKD)
2009 NA NA NA
2008 0.015 NA NA
2007 0.02 0.06 NA
2006 0.03 0.12 NA
2005 0.03 0.12 NA
2004 0.03 0.10 NA
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Bonus / Rights / Stock Split
Date Type Details
2004-08-23 Bonus 3WT FOR 20 SH OFFER OF 3 FOR 20
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Share Data (HKD)
NAV = $2.99
EPS = $(0.0623) (3M FY10)
No of Shares = 262,830,495
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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