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Luzhou reports 2Q FY09 Results (12 Aug 09)

Labels:

  • Revenue: -29.4% (2Q09), -24.3% (1H09)
  • Net Profit: NM (2Q09), NM (1H09)
  • Outlook: The Group remains cautious of the competitive market condition due to the impact of the global economic crisis and the higher cost of corn raw material.
  • The Group will continue to focus on its strategy of higher capacity utilizations of its existing plants in order to enhance its production efficiency.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 481,200 519,491
2008 585,987 736,015 696,846 575,376 2,594,224
2007 391,556 532,414 585,808 667,343 2,177,121
2006 296,015 364,981 399,863 406,299 1,467,158
2005 212,009 267,552 280,767 310,801 1,071,128
2004 NA NA NA NA 917,502
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 3,340 (25,929)
2008 15,821 15,629 70 (30,053) 1,467
2007 25,782 7,011 6,728 16,905 56,426
2006 24,840 26,791 31,030 43,755 126,416
2005 5,318 17,772 24,535 24,991 72,616
2004 NA NA NA NA 44,497
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Dividends

FY Interim Final Special (RMB)

2009 NA
2008 NA NA NA
2007 NA 0.068 NA
2006 NA 0.068 NA
2005 NA 0.041 NA
2004 NA NA NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (RMB)

NAV = $1.133
EPS = $(0.057) (6M FY09)
No of Shares = 396,000,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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