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Manufacturing Integration Technology reports 1HFY09 Results (19 Feb 09)

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  • Revenue: -33.1%
  • Net Profit: NM
  • Outlook: The Group has taken advantage of the downturn to integrates its core design, development and assembly capabilities to develop new products for the very promsing renewal energy industry
  • The Group targets to introduce some of these products in the coming months
  • Despite these developments, the Board expects 2H FY09 to be challenging.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total

2009 9,381
2008 14,028 18,245 32,273
2007 16,215 23,189 39,404
2006 30,846 24,677 55,523
2005 19,645 34,031 53,676
2004 27,314 24,124 51,438
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Earnings (SGD '000)

FY 1H 2H Total

2009 (2,477)
2008 (4,269) (126) (4,395)
2007 506 833 1,339
2006 4,007 3,279 7,286
2005 1,198 5,912 7,110
2004 3,099 5,105 8,204
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA NA NA
2007 0.0025 0.0025

2006 0.0050 0.01 NA
2005 NA 0.01 NA
2004 NA 0.0050 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.1807
EPS = $(0.0114) (6M FY09)
No of Shares = 217,579,870
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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