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China Kangda reports 2QFY09 Results (12 Aug 09)
- Revenue: -26.0% (2Q09), -24.4% (1H09)
- Net Profit: -79.4% (2Q09), -70.8% (1H09)
- Outlook: The Group will target to improve its margins by enforcing strict cost controls and is also on track to increase its production capacity of rabbit meat to capture the reviving demand when the global economic condition improves.
- The Group has also implemented an extensive marketing strategy with emphasis on good relationships with customers and suppliers and focuses on widening its international client base and continual introduction of various products into the PRC market.
FINANCIAL RECORDS
Revenue (RMB '000)
FY 1Q 2Q 3Q 4Q Total
2009 164,401 180,395
2008 212,263 243,794 244,010 243,359 943,426
2007 135,559 173,865 190,300 228,683 728,407
2006 87,194 115,009 130,413 174,346 506,962
2005 NA NA 121,672 145,954 447,652
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Earnings (RMB '000)
FY 1Q 2Q 3Q 4Q Total
2009 11,372 6,196
2008 30,146 30,058 32,946 (7,507) 85,643
2007 19,242 26,092 31,109 33,416 109,852
2006 16,151 20,596 22,741 27,303 86,791
2005 NA NA 20,877 28,592 79,877
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Dividends
FY Interim Final Special (RMB)
2009 NA
2008 NA NA NA
2007 NA 0.0485 NA
2006 NA 0.0405 NA
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Bonus / Rights / Stock Split
Date Type Details
NA
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Share Data (RMB)
NAV = $1.4708
EPS = $0.0405 (6M FY09)
No of Shares = 432,948,000
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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