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Lantrovision reports FY09 Results (28 Aug 09)

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  • Revenue: -27%
  • Net Profit: -64%
  • Outlook: Although there are some signs that the global economy has stabilised, it is expected that any recovery from the severe downturn over the year to be slow.
  • As the Group and its key customers are highly dependent on changes in the regional and international economic conditions, the Group expects to face tough challenges in the current year as regional and international businesses
    cautiously navigate themselves through the recovery.
  • On a positive note, the Group has strong balance sheet and low gearing.
  • The Board believes that the Group is in a position to ride out the current economic uncertainties and be ready to seize new opportunities when arises.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total

2009 55,087 38,316 93,403
2008 64,538 63,625 128,163
2007 57,574 56,534 114,108
2006 38,219 43,126 81,345
2005 33,609 42,052 75,661
2004 NA NA 74,516
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Earnings (SGD '000)

FY 1H 2H Total

2009 3,602 604 4,206
2008 6,649 4,905 11,554
2007 5,604 7,922 13,526
2006 3,638 1,445 5,083
2005 1,018
(9,334) (8,316)
2004 NA NA 1,929
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Dividends

FY Interim Final Special (SGD)
2009 NA NA NA
2008 NA NA NA
2007 NA NA 0.02317
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Bonus / Rights / Stock Split

Date Type Details

2007-08-31 Rights OFFER OF 2 FOR 1 @ $0.013
2006-12-26 Rights OFFER OF 1 FOR 2 @ $0.02
2003-12-15 Bonus OFFER OF 1 FOR 2
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Share Data (SGD)

NAV = $0.0357
EPS = $0.00203 (12M FY09)
Diluted EPS = $0.00203 (12M FY09)
No of Shares = 2,074,939,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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