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IFS Capital reports 2QFY09 Results (13 Aug 09)

Labels:

  • Revenue: +7.3% (2Q09), -6.9% (1H09)
  • Net Profit: -26.3% (2Q09), -52.1% (1H09)
  • Outlook: Credit conditions showed recent signs of stabilization.
  • For the rest of the year, while recognizing some downside risks, the Group will cautiously expand its businesses as market recovers.
  • Overall, the regional operations are expected to perform well.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 4,221 5,174
2008 5,271 4,821 5,084 5,305 20,481
2007 6,142 5,175 5,755 6,877 23,949

FY 1H 2H Total
2006 12,243 12,290 24,533
2005 9,578 11,979 21,557
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 828 2,077
2008 3,245 2,818 2,302 (350) 8,015
2007 2,877 2,659 2,726 4,594 12,856

FY 1H 2H Total
2006 5,015 6,812 11,827
2005 3,922 7,666 11,588
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 0.01 0.0100 NA
2007 0.03 0.0325 NA
2006 NA 0.05 0.125
2005 NA 0.05 NA
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Bonus / Rights / Stock Split

Date Type Details

2009-05-06 BONUS 1 FOR 10
2007-05-02 Rights OFFER OF 1 FOR 5 @ $0.51
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Share Data (SGD)

NAV = $0.903
EPS = $0.021 (6M FY09)
No of Shares = 136,716,262
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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