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Hwa Hong Corporation reports 2QFY09 Results (30 Jul 09)

Labels:

  • Revenue: +16.0% (2Q09), +2.6% (1H09)
  • Net Profit: -36.5% (2Q09), -55.6% (1H09)
  • Outlook: The performance of the Group’s investment portfolio will depend on the performance of the securities market.
  • The Group’s residential, industrial and commercial properties in Singapore and United Kingdom are substantially let.
  • Maintaining high occupancy for the properties will remain a focus.
  • Results from Tenet Insurance are expected to continue to improve.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 20,760 22,379
2008 22,761 19,290 20,245 17,875 80,171
2007 18,818 19,734 19,236 18,122 75,910
2006 25,016 15,262 32,249 16,338 88,865
2005 11,137 25,157 17,376 14,411 68,081
2004 14,056 15,563 14,943 9,377 53,939
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 3,157 15,118
2008 17,368 23,813 12,110 (4,333) 48,980
2007 36,637 33,984 13,599 19,216 103,436
2006 1,172 10,103 3,913 7,396 23,374
2005 1,566 9,334 1,594 3,510 16,004
2004 1,705 4,470 2,132 10,370 18,677
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Dividends

FY Interim Special Final Special (SGD)

2009 0.010
2008 0.015 0.003 0.0125
2007 0.015 0.03989+0.065 0.0125 0.0075
2006 0.015 NA 0.0125 NA
2005 0.01 NA 0.01 NA
2004 0.01 NA 0.01 NA

2003 0.01 NA 0.01 0.01
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Bonus / Rights / Stock Split

Date Type Details

2000-01-20 Stock Split STOCK SPLIT OFFER OF 4 FOR 1

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Share Data (SGD)

NAV = $0.5205
EPS = $0.0279 (6M FY09)
No of Shares = 653,504,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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