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AP Oil International reports 1HFY09 Results (14 Aug 09)

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  • Revenue: -11.2%
  • Net Profit: +88.6%
  • Outlook: The Vietnam associate, AP Saigon Petro JSC, has started to contribute though not significant to the Group's bottomline.
  • The current business environment remains challenging and global economic situation remains uncertain.
  • The management expects that, barring unforeseen circumstances, the overall performance of the Group in FY2009 remains positive.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total

2009 27,398
2008 30,854 25,412 56,266
2007 26,343 21,605 47,948
2006 34,819 30,656 65,475
2005 19,093 27,072 46,165
2004 94,156 63,084 157,240
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Earnings (SGD '000)

FY 1H 2H Total
2009 3,004
2008 1,593 832 2,425
2007 2,663 146 2,809
2006 1,818 5,147 6,965
2005 287 (5,844) (5,557)
2004 1,204 279 1,483
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Dividends

FY Interim Final Special (SGD)

2003 NA 0.0025 NA
2002 NA 0.00156 0.00741
2001 NA 0.00156 0.00189
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Bonus / Rights / Stock Split

Date Type Details
2007-05-30 Bonus OFFER OF 1 FOR 4
2005-03-28 Bonus OFFER OF 1 FOR 4
2003-09-22 Bonus OFFER OF 1 FOR 5
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Share Data (SGD)

NAV = $0.1526
EPS = $0.0183 (6M FY09)
No of Shares = 164,531,172
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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