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ASTI Holdings reports 2QFY09 Results (13 Aug 09)

Labels:

  • Revenue: -21% (2Q09), -24% (1H09)
  • Net Profit: NM (2Q09), NM (1H09)
  • Outlook: Business activities which started to pick up towards the end of second quarter is expected to continue into the third quarter.
  • The Group is witnessing improvement in market demand for its businesses and is cautiously optimistic about its prospects in the third quarter.
  • It expects to deliver an improved set of performance relative to the first half of FY2009.
  • Notwithstanding the abovementioned, visibility into the end of FY2009 remains low as most customers are still adopting a cautious approach on their orders.
  • The Group will continue to closely monitor its operations and manage its costs to continuously improve its efficiency within the organisation.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 92,253 103,368
2008 127,484 130,139 138,651 119,536 515,810
2007 137,845 148,757 170,665 139,949 597,216
2006 30,001 34,218 177,548 174,612 416,379
2005 15,337 17,797 25,022 30,385 88,541
2004 29,463 33,308 33,572 21,595 117,938
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (4,821) (1,683)
2008 (4,082) (2,536) (1,294) (6,740) (14,652)
2007 2,802 1,060 1,419 142 5,422
2006 2,788 4,018 3,445 2,518 12,768
2005 (1,071) (398) 1,929 2,228 2,688
2004 4,877 5,631 5,026 1,623 17,157
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 0.005 NA NA
2006 0.005 0.006 NA
2005 NA 0.008 0.0016
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (SGD)

NAV = $0.1605
EPS = $(0.0122) (6M FY09)
No of Shares = 536,032,572
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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