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Sunningdale Tech reports 2QFY09 Results (12 Aug 09)
- Revenue: +7.1% (2Q09), -4.0% (1H09)
- Net Profit: NM (2Q09), NM (1H09)
- Outlook: Although there are signs that the global economic crisis may be bottoming out, the business environment remains very challenging.
- Notwithstanding a significantly improved 2Q09 versus 1Q09 and 2Q08 in terms of operating results the Group remains cautious for the rest of the year.
- Management will continue to stay focused on driving operational excellence and capabilities.
- The Group will make selective and incremental investments to address existing and targeted new accounts.
- The new facility in southern China reported in 3Q07 is also expected to be fully operational in 3Q09 onwards.
- This facility will increase the group’s overall tooling capacity.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 74,401 92,294
2008 87,470 86,206 95,520 95,819 365,015
2007 93,728 95,533 106,152 89,694 385,108
2006 87,493 94,779 117,747 101,130 401,149
2005 82,355 103,044 115,689 118,532 419,620
2004 NA NA 80,087 89,776 NA
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 1,677 198
2008 243 (4,959) 1,962 (94,786) (97,540)
2007 2,576 4,948 6,201 (1,612) 12,114
2006 490 1,654 5,380 (94,299) (86,775)
2005 5,997 8,549 7,716 3,161 25,423
2004 NA NA 11,481 10,595 NA
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Dividends
FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 0.006 0.006 NA
2006 NA NA NA
2005 0.006 NA NA
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Bonus / Rights / Stock Split
Date Type Details
NA
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Share Data (SGD)
NAV = $0.3248
EPS = $0.0025 (6M FY09)
Diluted EPS = $0.0025 (6M FY09)
No of Shares = 740,784,643
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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