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Sky Petrol reports 2QFY09 Results (11 Aug 09)

Labels:

  • Revenue: +4% (2Q09), +0% (1H09)
  • Net Profit: -5% (2Q09), -4% (1H09)
  • Outlook: Despite there being signs of recovery in the global demand, uncertainty still exist as to the timing and sustainability of the recovery.
  • In addition the price of oil has been relatively volatile in 2009, swinging from a low of approximately US$34 per barrel to a high of approximately US$70 a barrel.
  • Given the above it is difficult to forecast the performance of the Group.
  • However, barring unforeseen circumstances, the Group should be profitable in 2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY1Q 2Q 3Q 4Q Total
2009 9,217 12,407
2008 9,695 11,919 13,654 11,195 46,463
2007 5,062 7,810 15,742 12,175 40,789

FY 1H 2H Total
2006 11,282 13,681 24,963
2005 11,637 14,436 26,073
2004 NA NA 21,708
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,958 3,512
2008 2,042 3,682 4,376 (16,243) (6,143)
2007 1,968 3,039 7,782 3,329 16,118

FY 1H 2H Total
2006 3,892 5,006 8,898
2005 3,614 4,681 8,295
2004 NA NA 6,998
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA NA NA
2007 NA 0.0085 NA
2006 NA 0.0050 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (SGD)

NAV = $0.3336
EPS = $0.0186 (6M FY09)
No of Shares = 294,280,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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