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Hsu Fu Chi reports FY09 Results (24 Aug 09)
- Revenue: +2.9% (4Q09), +11.6% (FY09)
- Net Profit: NM (4Q09), +33.5% (FY09)
- Outlook: Despite the challenges faced by companies in the food industry, such as the tainted milk incident and global financial crisis, the Group has achieved a steady growth in sales and operating profits.
- In view of the global economic slowdown, the Group maintains a conservative outlook of the overall market demand in the next 12 months.
- However, the Group will continue to implement appropriate marketing strategies and is confident that the Group is able to maintain its performance.
FINANCIAL RECORDS
Revenue (RMB '000)
FY 1Q 2Q 3Q 4Q Total
2009 672,245 1,344,317 1,162,938 605,374 3,784,874
2008 586,590 947,148 1,269,600 588,283 3,391,621
2007 463,300 762,261 1,055,198 431,711 2,712,470
2006 357,266 708,933 659,185 330,934 2,056,318
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Earnings (RMB '000)
FY 1Q 2Q 3Q 4Q Total
2009 46,753 157,030 257,835 (1,194) 460,424
2008 41,089 137,103 182,443 (15,840) 344,795
2007 24,987 102,120 150,495 (22,273) 255,329
2006 21,356 122,704 92,846 (25,545) 211,361
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Dividends
FY Interim Final Special (RMB)
2009 NA 0.029 NA
2008 NA 0.015 NA
2007 NA 0.013 NA
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Bonus / Rights / Stock Split
Date Type Details
NA
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Share Data (RMB)
NAV = $3.127
EPS = $0.5791 (12M FY09)
No of Shares = 795,000,000
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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