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Sunvic Chemical Holdings reports 2QFY09 Results (13 Aug 09)

Labels:

  • Revenue: -41.8% (2Q09), -42.1% (1H09)
  • Net Profit: -81.8% (2Q09), -82.4% (1H09)
  • Outlook: The Group expects challenging business environment going forward, and this is likely to affect its performance for the year.
  • Management will continue to reduce costs through better inventory management (in particular purchase of raw materials) as well as better management of its working capital.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total

2009 372,145 465,439
2008 646,323 800,064 597,289 479,121 2,522,797
2007 322,500 430,866 450,296 618,399 1,822,061
2006 233,329 329,754 371,522 410,496 1,345,101
2005 NA NA NA NA 788,964
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total

2009 12,356 15,491
2008 73,649 84,903 26,852 (65,455) 119,950
2007 8,343 23,307 15,835 43,013 90,498
2006 22,448 40,846 22,056 7,971 93,321
2005 NA NA NA NA 175,177
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 0.01 0.008 NA
2007 NA 0.0125 NA
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Bonus / Rights / Stock Split

Date Type Details

NA
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Share Data (RMB)

NAV = $1.345
EPS = $0.0481 (6M FY09)
No of Shares = 572,443,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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