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Food Empire reports 2QFY09 Results (12 Aug 09)

Labels:

  • Revenue: -56.3% (2Q09), -51.0% (1H09)
  • Net Profit: -99.1% (2Q09), NM (1H09)
  • Outlook: Business prospect remains uncertain for the rest of 2009.
  • The Group expects conditions to remain challenging even though the Group's key markets have shown some sign of stabilisation.
  • The Group will continue to invest in targeted brand building and sales activities to defend its market share.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 28,752
26,9402008 52,077 61,635 61,555 47,049 222,315
2007 40,109 40,688 43,542 60,103 184,443

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2007 61,476 61,936 65,670 87,777 276,859
2006 55,131 49,158 58,772 71,063 234,124
2005 42,684 39,850 44,429 57,048 184,011
2004 37,025 34,981 41,829 46,554 160,389
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Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (2,227) 41
2008 6,842 4,784 6,325 3,177 21,127
2007 5,518 4,363 5,404 5,768 21,053

Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2007 8,457 6,635 8,152 8,358 31,602
2006 7,921 5,920 8,539 4,479 26,859
2005 4,711 3,348 4,143 8,400 20,602
2004 4,136 2,688 4,533 4,336 15,693
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA 0.0035 NA
2007 NA 0.019 NA
2006 NA 0.01875 NA
2005 NA 0.005 0.01375
2004 NA 0.005 0.01

2003 NA 0.005 0.0075
2002 NA 0.005 0.0075
2001 NA 0.005 0.0025
2000 NA 0.005 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
-----------------------------------------------------------
Share Data (USD)

NAV = $0.2239
EPS = $(0.0041) (6M FY09)
Diluted EPS = $(0.0041) (6M FY09)
No of Shares = 529,043,999
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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